News
Grain, soybean futures expected higher after surging overnight amid corrective buying.
Corn, soybean and wheat futures traded sharply higher overnight as markets rebounded from recent hefty losses.
Corn and soybean basis remains well above average, though cash prices plunged.
Corn, soybean futures rebound from initial drop to multi-month lows; wheat futures extend slide.
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Grain, soybean futures expected higher on corrective buying, weaker USDA crop ratings.
N.Y. Fed views greenback status as ‘unchallenged,’ Ukraine expects grain harvest to be ‘not bad,’ and traders anticipate near-term strength in the cash hog market...
Corn futures traded lower for much of the overnight session but are mildly firmer this morning, while soybeans and wheat are showing stronger corrective gains following Tuesday’s sharp losses.
The soybean CCI rating dropped below the five-year average for the first time this growing season.
Corn futures extend slump, hit five-month lows on Midwest rain; soybeans and wheat also plummet.