News
Corn, soybean futures lower on increasing harvest pressure; wheat futures rebound as trade watches Ukraine.
Weekly export inspections for week ended Oct. 13 reported a notable figure for soybeans, however the current pace is falling considerably behind last year’s. Wheat inspections fell short, with corn just above low range.
Wheat and soybean futures are firmer as corn trades on either side of unchanged. Live cattle futures are firmer with hog futures falling back from early gains.
Wheat futures higher as escalating fighting stirs concern over Ukraine supplies; soybeans firmer, corn slightly lower.
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Wheat futures traded higher to open the week amid global supply concerns, while soybeans softened and corn was caught in the middle.
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Davis Michaelsen and Hillari Mason discuss this week’s market action...
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