News
Choppy to mostly lower price action is expected as traders start to prepare for USDA’s reports on Friday.
USDA’s weekly export inspection data showed a week-over-week decline in export inspections for corn, soybeans and wheat. June 1 marked the beginning of the 2023-24 wheat marketing-year,
Wheat futures are leading gains in grains and oilseeds. Cattle futures are higher to start the week with hog futures under pressure...
China’s war hawks make it difficult for U.S. to improve relations with Beijing/Xi
Corn, soybeans and wheat are expected to open firmer after favoring the upside overnight.
No changes in the short-term, intermediate or long-term trends this week.
Relatively quiet two-sided price action was seen in the grain and soy markets during overnight trade.
Farm bill hearings return in House and Senate
The U.S. is escalating its conflict with Mexico over agricultural biotech measures, including the country’s stance on GMO corn...