News
Two-sided trade was seen in the grain and soy markets overnight, with corn and wheat mildly firmer and soybeans weaker early this morning.
Soybean export inspections were down nearly 360,000 MT from the previous week, but were near the top-end range of pre-report estimates. Soybean inspections are running currently running 1.6% ahead of a year ago.
Soybeans open the week with a firmer tone with corn steady and wheat under light pressure. Live cattle and lean hog futures are higher this morning...
Corn and wheat are expected to open under mild pressure, while soybeans are likely to be mostly weaker this morning.
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Soybeans are firmer this morning, while corn and wheat are weaker following two-sided trade overnight.
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Davis Michaelsen and Editor Brian Grete discuss this week’s market action...