News
Tentative rail agreement has been reached, Pakistan floods a growing concern and beef packers are short-bought...
Corn, soybeans end lower but still near two-month highs; hog futures near four-week high on ideas of cash rebound.
Striking a balance among rail industry stakeholders is proving difficult
Soybean futures extend rally following smaller USDA crop estimate; corn and wheat lower.
Soybean futures built on Monday’s strong gains overnight, while wheat rebounded from yesterday’s losses and corn favored the upside is light, two-sided trade.
CCI ratings have declined for nine straight weeks for corn and six consecutive weeks for soybeans.
Corn, soybean futures hit three-month highs after USDA cuts crop estimates more than expected; wheat mixed.
USDA cut its soybean crop estimate by 153 bu. from last month, whereas traders expected a 35-million-bu. reduction.
USDA reduced the national corn yield as expected, but trimmed soybeans a bushel more than the average trade estimate of 51.5 bpa in its release of the September WASDE.
Weekly export inspections for week ended Sep. 8 revealed wheat inspections above trade expectations; corn and soybean inspections continue to run ahead of year-ago levels.
Grain, soybean futures narrowly mixed as trade awaits USDA Crop Production, Supply and Demand reports.