News
Wheat futures rally to highest levels in over two months on concern over Black Sea supplies; corn, soybeans also stronger.
The corn CCI rating has declined 10 straight weeks, while the soybean rating dropped for a seventh consecutive week.
Weekly export inspections for week ended Sep. 15 were reported as expected; corn and beans continue to keep a notable pace ahead of last year.
Cotton analyst questions USDA projections
Wheat futures are under sharp pressure to open the week, which is weighing on corn. Soybeans are mildly supported by export sales to China.
Winter wheat futures down sharply, corn and soybeans also lower, amid dollar strength, recession concern.
Heavy pressure on the wheat market pulled corn lower overnight, while soybeans posted two-sided trade.
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U.S. equities continue to crater as weaker outlook for U.S., world economy
Corn, winter wheat futures down for week amid U.S. equities slump, recession concerns; soybeans end higher on week.