News
Cordonnier cuts Argy corn and soybean crop estimates, India expects record wheat crop and the House passes a rules package...
Bears tightened their grip on the grain and soy markets overnight after a disappointing finish on Monday. Lower price action is expected this morning.
Heavier selling pressure was seen in grain and soy futures overnight, especially the soybean and winter wheat markets, after disappointing finishes on Monday.
Weekly export inspections for week ended Jan. 5 revealed wheat inspections up over 116,001 MT from the previous week’s tally, while corn and soybeans were well below.
Soybeans are mixed with corn mostly lower and wheat mildly firmer to start the week. Livestock futures are supported by corrective buying...
Corn and wheat are expected to open lower, with soybeans likely to trade higher initially this morning.
Biden visits Mexico, whose president says corn GMO issue is on agenda
Short-term trend turns sideways for corn and SRW; trend now lower for lean hog futures.
Soybeans and wheat mildly favored the upside in quiet overnight trade, while corn traded on both sides of unchanged.