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House Ag panel Republicans want some answers on alleged Biden/USDA overreach using executive actions
Both placements and marketings were near the top end of pre-report estimates.
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Grain, soybean futures lower as U.S. dollar surges, crude oil slumps amid growing economic uncertainty.
Outside markets weighed heavily on the grain and soy complex overnight as the U.S. dollar strengthened to a fresh 20-year high and front-month crude oil dropped to near $80.00.
Winter wheat climbs near three-month highs on concern over Ukraine; corn also firmer, soybeans weaker.
The smaller-than-normal rise in frozen meat stocks came despite hefty monthly increases in beef and pork production, implying demand was strong and outpaced supplies.
