News
New farm bill want list growing while funding total unknown and may take months to unfold
Soybeans faced followthrough selling overnight. Corn and wheat posted two-sided trade but have weakened early this morning.
Most of the decline in wheat conditions in February was in top producer Kansas.
Soybean export inspections for week ended Feb. 23 missed low-end expectations by 159,000 MT and were down from the previous week by 893,000 MT. Though wheat inspections were above top end estimates by over 90,000 MT.
Corn and soybeans are off to a tepid start with wheat futures under pressure. Cattle futures are choppy with hog futures mildly higher to start the week...
Short-term trend turns bearish for corn, SRW wheat.
Corn and soybeans are expected to see mild corrective buying, while followthrough selling is likely in the winter wheat markets.
Food policy analyst offers perspective on ending of some SNAP benefits on March 1
Corn, soybeans and wheat traded on both sides of unchanged overnight in relatively quiet price action.