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Xi Jinping extends hand of friendship to U.S., Biden administration mulls bolstering northeastern heating oil supplies and Rail Union members vote ‘no’ on a fresh labor agreement...
As of Oct. 25, 84% of the U.S. was experiencing abnormal dryness/drought, according to the U.S. Drought Monitor, including 74% of winter wheat areas.
Grain, soybean futures firmer as Argentina, Russia stoke concern over global supplies.
Russia warns West it can target commercial satellites | China’s Xi offers fig leaf
Weekly export sales for week ended Oct. 20 revealed a continuance of lackluster corn export sales, while soybeans remain steady, maintaining a pace slightly ahead of last year. Wheat topped expectations by over 80 MT.
Wheat futures built on Wednesday’s gains overnight amid global supply worries, while the corn and soybean markets followed to the upside.
Basis is better than average for corn and soybeans despite Mississippi River transportation slowdowns.
Soybean futures end mixed after U.S. dollar’s pullback drives early strength; corn down slightly, winter wheat firmer.
Ukraine asks citizens abroad not to return until spring, GM eyes EV tax credit and the U.N. says countries are failing to meet climate commitments...
Ahead of the Open | October 26, 2022 Winter wheat falls near five-week low on hopes for improved crop conditions; corn lower, soybeans higher.