News
Grain and soy futures open the week under pressure with cattle futures higher and hog futures mixed to mostly higher.
North Dakota focusing on big farmland buy of group affiliated with Bill Gates
Grain futures rebound from sharp losses, big banks pass Fed stress tests, U.S. beef supplies up sharply.
USDA’s Cold Storage Report signaled demand is not keeping pace with supplies amid near-record retail prices.
December corn tumbles to three-month low on milder Midwest outlook, recession concern; beans and wheat also down sharply.
Fed Chair Powell warns Fed’s efforts to thwart inflation could trigger recession, U.N. working to facilitate Russian fertilizer exports and pork packers are cutting in the red...
New-crop corn drops near three-month low on improving weather, soybeans and wheat also lower.
Powell: Higher interest rates could cause a recession
Mounting recessionary concerns triggered heavy liquidation pressure in the grain and soy markets overnight.
But he acknowledged that a recession was ‘certainly a possibility’ given the global situation. Recessionary fears are building with economists.