News
Weekly soybean and wheat export sales each missed their respective pre-report range, while corn sales were mid-range. Net soymeal (277,800 MT) and cotton (246,800 RB) sales were each the bright spots for the week.
Corn, soybeans and SRW wheat faced followthrough selling overnight, while HRW and HRS wheat futures pulled back from Tuesday’s gains.
China’s soybean imports below year-ago in April, western companies are looking for a new manufacturing hub and South American yields beat expectations...
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Corn, soybean and winter wheat futures are expected to open solidly lower after selling pressure overnight.
Updated crop estimates from Dr. Michael Cordonnier.
Corn, soybean and winter wheat futures faced pressure overnight, while spring wheat traded mildly higher.
Top producer Kansas led the HRW decline, falling nearly 3.6 points over the past week.
Weekly corn inspections fall short of pre-report estimates, while corn and wheat inspections land near the lower-end of their respective ranges.