News
Short-term trends turn bullish for corn, soybeans, live cattle and feeder cattle
Corn, soybeans and wheat posted active followthrough buying overnight on help from surging crude oil futures.
Employment report Friday | OPEC+ oil production cut | Disaster aid & crop insurance
Soybean planting intentions and March 1 stocks came in lower than expected.
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USDA’s Quarterly Stocks data showed figures lower than the average trade guess, sending the soybean market higher, while the news also led corn higher, though gains have been capped by higher-than-expected acres.
Markets await USDA data dump, Eurozone consumer prices continue to rise and H&P numbers firm just slightly...
Treasury Dept. finally releases info re: EV subsidies
Quiet trade is expected ahead of USDA’s Prospective Plantings and Quarterly Grain Stocks Reports at 11 a.m. CT.