News
Beef stocks declined in February, though more than average. Pork stocks rose last month, though less than normal.
Cash corn, soybean and wheat prices are well under year-ago.
The Federal Reserve raised interest rates 25 basis points but seemed to give mixed signals on further monetary policy action. The benchmark lending rate was increase to a range of 4.75% to 5.00%.
Cash livestock and wholesale meat prices dropped over the past week.
U.K. inflation unexpectedly rises, EPA Administrator Regan to testify before congress and Argentina ships first cargo of beef to Mexico...
CFTC releases more data | Xi/Putin | EPA chief to testify | Stepped-up basis tax rule protection
Grain and soy complex futures are expected to open solidly lower on followthrough selling after bears controlled overnight trade.
Bears controlled price action overnight, with corn, soybean and wheat futures trading solidly lower and near their session lows this morning.
Xi invites Putin to visit China as two leaders sign pacts and discuss war cooperation