News
Corn, soybeans and winter wheat are expected to trade lower early this morning after losses overnight.
Wheat futures posted strong gains overnight, while soybeans traded solidly higher and corn was mixed amid bull spreading.
CBO forecasts | G7 summit | Lighthizer book | Xochitl Torres Small vote | Bank failure hearings
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
USDA raised its 2023 beef production forecast based on “recent slaughter data and larger-than-previously forecast first-half placements.”
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Winter wheat production and new-crop wheat ending stocks both came in well shy of pre-report expectations.
USDA’s May crop data was mostly bearish, though wheat production and ending stock estimates were notably shy of pre-report estimates, giving the wheat complex momentum to climb higher.
Another California law could have major implications for hog producers, consumers
SCOTUS upholds animal-welfare law approved by California’s voters in 2018