News
Soybean futures tumble over 60 cents to five-month lows on fund liquidation, better rain chances; corn, wheat also off sharply.
State attorney general clears purchase.
Access this week’s newsletter here.
Port worker Union contract set to expire tonight, Atlanta Fed predicts Q2 GDP contraction and China’s hog herd continues to shrink...
New-crop corn expected firmer after falling near four-month low; wheat firmer, soybeans under pressure.
Rail shipment woes get ag sector attention | Dockworker contract expires late today
Corn and wheat futures worked mildly higher overnight following Thursday’s sharp losses. Soybeans extended yesterday’s sharp loses.
USDA’s Hogs & Pigs Report estimated the U.S. hog herd at 72.5 million head as of June 1, down 629,000 head (0.9%) from year-ago.
December corn sinks to four-month low after USDA raises acreage estimate; soybeans, wheat also lower.