News
After the Bell | January 19, 2023 Forecasts of improving weather in Argentina over the next two weeks weighed on the grain and soy complex.
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Corn and soybeans are expected to face profit-taking at the start of daytime trade, though supportive outside markets should limit selling.
Corn, soybean and wheat futures built on their strong finishes Tuesday during the overnight session.
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.
Corn, soybean and wheat futures are under pressure to start the week. Hog futures are slightly firmer with cattle futures under pressure...