News
USDA export sales data through week ending August 11, revealed new-crop soybeans sales were the largest for either 2021-22 or 2022-23 since the end of March, with wheat export sales reaching a marketing-year low.
Grain, soybean futures expected lower on Midwest rain, China concern, accelerating Ukraine shipments.
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Corn, soybean and wheat futures extended yesterday’s losses overnight but all three markets held above Monday’s lows.
The corn CCI rating has dropped for five straight weeks.
Soybeans down sharply on favorable Midwest weather outlook, China concerns; corn, wheat also lower.
Export Inspections for week ended August 11, 2022 were within trade expectations, but well below last week’s figures. Corn, Soybeans, and wheat continue to fall behind year-ago levels.
Soybeans are leading a round of broad-based selling to start the week. Cattle futures are lower with lean hogs under pressure...
Grain, soybean futures down sharply on favorable Midwest weather outlook, China tensions.
Short-term trend turns up for corn, soymeal and cotton.
China’s central bank cuts rates after a raft of disappointing economic data