News
Wheat futures led a round of followthrough buying overnight as tensions between Russia and the West escalated.
The quarterly survey conducted by the Federal Reserve Bank of Dallas finds strong gains in Texas ranch and cropland.
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.
Work on CR | Rail strike update | Food price update | Funeral for Queen Elizabeth II
U.S. equities continue to crater as weaker outlook for U.S., world economy