News
Soybean futures drop sharply amid weakness in crude, vegoils; corn, wheat lower on optimism over Ukraine export deal.
Wheat futures led overnight price declines in the grain markets on hopes of an extension to the Black Sea grain export deal.
Both crops are still rated below their respective five-year averages, especially HRW.
Corn, soybean futures lower on demand concerns, U.S. dollar surge; wheat futures firmer.
Weekly export inspections for week ended Nov. 10 showed soybean inspections missing expectations by over 142 MMT, with wheat also short nearly 24 MMT. Corn inspections were notable at 484 MMT, near top end expectations.
Corn, soybean and winter wheat futures open the week under pressure. Cattle futures are narrowly mixed with hog futures mildly firmer...
Corn, soybeans, SRW wheat lower overnight on U.S. dollar strength, China demand concerns,
Grain, soybean futures end week on firm note as U.S. dollar tumbles, China eases Covid restrictions.
More China moves on abandoning ‘zero Covid’; stimulus plan for residential real estate market
Corn and soybean futures were pressured by outside markets and a surge in Chinese Covid cases. Wheat futures traded mixed overnight.