News
Soybeans drop over 20 cents as weekend rains bring relief to Argentina; wheat up sharply on Ukraine concern, corn also firmer.
Soybeans post sharp weekly gain behind soaring soymeal, China demand; corn ends firmer, wheat extends slide.
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Corn ending stocks landed on the higher end of pre-report expectations due to a reduction in exports, while soybean ending stocks were unchanged. However, corn world ending stocks proved short of pre-report estimates.
USDA made no changes to the soybean or wheat balance sheets this month.
Erdogan will work to smooth Black Sea grain export deal, Chinese hog futures tank and France boasts excellent wheat crop...
Grain, soybean futures mixed-firmer, in narrow ranges ahead of monthly USDA Supply & Demand update
Producer Price Index Rises More Than Expected
Corn, soybeans and wheat traded mildly higher in light overnight action as traders awaited USDA’s December crop reports later this morning.
Soybeans climb near highest since mid-September on China demand, soymeal rally; winter wheat lower; corn firmer.