News
Export inspections for week ended July 21, 2022 were within estimated ranges for corn, soybeans and wheat, however the current year’s pace continue to fall behind last year.
While record June beef stocks could imply sluggish demand, it may also be related to facilities building inventories due to ongoing strong exports. Pork stocks declined less than average last month.
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Russia agrees to not target grain shipment vessels, Huawei is once again under suspicion and foot and mouth disease detected in Australia...
Australia finds traces of FMD, ASF
Corn falls to six-month low overnight on favorable Midwest forecast; soybeans rebound, wheat lower.
Wheat futures faced heavy selling overnight, while corn extended this week’s sharp losses amid reports a deal to restart Ukrainian grain exports will be signed today.
Bankers worry rising input costs may combine with declining commodity prices to strain rural America.
Soybean futures sink to six-month lows on prospects for rain relief in Midwest; corn, wheat also lower.
Crude futures drop overnight, the European Central Bank may raise rates and Biden announces executive actions to fight climate change...