News
Wheat futures will lead the ongoing price recovery in the grain and soy markets as Cargill says it will cease Russian grain shipments starting July 1.
Weekly export inspections for week ended March 23 revealed a notable drop in corn inspections from the previous week, while wheat and soybeans were each higher on the week.
Choppy price action is being seen in the grain and soy markets to open the week ahead of key USDA data on Friday.
Another daily old-crop corn export sale, this time two cargoes to unknown destinations.
GOP lawmaker tells USTR Tai she is ‘too nice’ for job as trade chief
Soybeans mildly built on Friday’s corrective gains during overnight trade while the corn and wheat markets pulled back.
Economic focus: Hearings on bank failures, reports on U.S. household spending and home prices, Fed’s preferred inflation gauge
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
Corn acres are expected to rise nearly 4%; soybean acres expected to be virtually unchanged