News
Corn and soybean export inspections were well above the previous week, topping pre-report expectations by nearly 75,000 MT and 150,000 MT, respectively. Wheat inspections were near top-end estimates of 400,000 MT.
Egg prices get White House attention
Chinese exports fall, trade panel supports Mexico and Canada against U.S. and Eurozone industrial production bests expectations...
Soybeans faced light profit-taking pressure at the end of the overnight session, which is likely to spill over into the start of daytime trade.
Corn, soybean and wheat futures extended Thursday’s USDA report-driven gains overnight but buyer interest is fading this morning.
After the Bell | January 12, 2023 The grain and soy complex gained traction following a batch of mostly bullish data released by the USDA.
Dec. 1 stocks, final 2022 production estimates and ending stocks lower than expected for corn and soybeans.
USDA estimated 59% of U.S. winter wheat areas were covered by drought, down five points from the previous week and 10 points lower than last year at this time.
Corn, soybeans turn higher on USDA data. Corn and soybean production also fell short of estimates, leaving ending stocks below the average pre-report estimate.
South American crop forecasts fall, the EU expects a rise in wheat production and China’s Consumer Price Index firms...
Soybeans and corn are expected to be supported by Argentine crop concerns and outside markets.