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Wheat futures faced heavy pressure coming out of the extended weekend, which pulled corn lower. Soybeans were firmer overnight.
Corn falls to six-week low on lackluster exports, favorable weather; soybeans rally on concern over delays in northern Midwest.
Recent rains have eased drought in the Southern and Central Plains, but the relief is too late for much of the crop.
Cash wheat prices fall sharply but still well above year-ago.
USDA to allow producers to request voluntary termination of CRP
Impact of voluntary changes may not be significant
Chinese Premiere highlights sagging economy, Russia blames the West for Ukrainian shipping woes and Secretary of State Blinken will deliver remarks today...
Ahead of the Open | May 26, 2022 Wheat futures lower third straight day as trade monitors Russia/Ukraine; corn near seven-week lows.
Chinese Premier Li Keqiang acknowledged business impact of Covid-19 lockdowns, marking contrast with President Xi Jinping
Old-crop corn export sales were a marketing-year low. New-crop sales were light, too.
Wheat and corn futures faced heavy selling pressure overnight but remained above Wednesday’s lows. Selling in soybeans was lighter.