News
Army worms march through China, Democrats may work through the weekend toward passing new spending and Ukraine awaits a UN go-ahead on exports...
GDP fell 0.9% in 2Q, second straight decline and a strong recession signal
Weekly export sales this morning for week ended July 21 revealed a continued theme of sluggish new-crop corn and old-crop soybean sales. New crop soybean sales were the bright spot; well above expectations.
Corn and soybean futures were supported by followthrough buying overnight amid forecasts calling for hot and dry conditions next week, while wheat rebounded from Wednesday’s losses.
$20 bil. to support climate-smart ag practices; SAF tax credit of $1.25/gallon
Hurdles remain, including Sen. Sinema’s position and House Democrats
Cash soybean prices posted a big gain over the past week.
Soybean futures climb near four-week high on concern Midwest heat may curb yields; corn firm, wheat lower.
Potential impacts of higher interest rates on farmland values and cash rents.
China rejects accusations of espionage, Biden will speak with Xi Jinping and Union Rail workers report they remain ‘far apart’ in negotiations...
Soybeans climb to two-week high overnight, corn firmer on Midwest heat concern; wheat mixed.