News
Corn and soybean futures saw active followthrough buying overnight after strong gains Thursday, while the wheat market was quiet in two-sided trade.
Corn futures mildly built on Wednesday’s gains overnight, while soybeans and wheat traded mixed.
Today’s 75-basis-point increase to interest rates signals the Fed has grown increasingly concerned with inflation, though it is still playing catchup.
Corn basis continues to firm. The national average cash price is now just shy of $8.
Nearby corn futures rise near three-week high on firm demand; winter wheat lower amid harvest pressure.
Fed may raise rates more than originally expected, Russia’s oil revenues soar despite sanctions and cash cattle trade firms...
Nearby soybean futures fall near two-week low, grains also under pressure amid recession concerns.
Supreme Court announces timelines on WOTUS, Proposition 12 cases
Corn and wheat futures extended Tuesday’s losses overnight, while the soybean market traded mixed.
Grain, soybean futures under pressure as U.S. stocks’ tumble into bear market fuels recession worries.
South Korea warns of transport disruptions, Cordonnier raises Brazilian corn crop estimate and the Fed is expected to raise rates this week...