News
Soybeans extend rally, hit highest level in over two months on demand optimism, soymeal rally; wheat higher, corn lower.
China watcher Bill Bishop on current situation | Vilsack comments on trade issue with Mexico
SRW wheat tumbles to three-month low, corn mostly lower as China protests unnerve markets; soybeans higher.
Corn export inspections missed low-end expectations by nearly 100,000 MT, while wheat was just shy. Soybean export inspections were notable, but below last week’s figure by over 400,000 MT.
Chinese Covid protests rattle markets coming out of the holiday weekend.
SRW wheat futures sink to three-month low amid concern over Covid protests in China; corn, soybeans also lower.
Limited movement in short-term price trends during the holiday week.
China’s economic challenges mounting | Canada calls China a “disruptive” global force that must be contained
Corn, soybean and SRW wheat futures faced pressure overnight amid concerns with mounting Chinese Covid protests.
Congress+Budget=Delays | House elections | Farm income | Antitrust hearing | RFS | Protests in China
Corn ended the abbreviated session higher despite an overall negative tone in grains as well as outside markets.