News
Corn, soybeans and wheat swung to both sides of unchanged in a lightly traded overnight session but are mostly weaker this morning.
Following are USDA’s initial assumptions for 2023-24.
Weekly export inspections for week ended Nov. 3 revealed soybean inspections notably above the top-end estimate of 2.5 MMT, while corn and wheat each fell short of low-end expectations for the week.
Corn and soybean futures are mildly weaker with wheat higher. Cattle futures are mixed with lean hogs supported by corrective buying to start the week...
Soybeans drop from six-week high amid China demand concern; corn and winter wheat also lower.
USDA is expected to make minor adjustments to its U.S. crop estimates and balance sheets, though bigger changes are possible for global wheat production.
Midterm election day nears with GOP likely winning House and Senate very close
Corn, soybeans and wheat traded mildly lower overnight amid a pullback from last Friday’s gains.
WASDE report Wed. | CPI report Thurs. | U.S./Taiwan trade talks | COP27
Davis Michaelsen and Hillari Mason discuss this week’s market action...