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Ahead of the Open | May 19, 2022 Wheat futures expected lower as selloff continues, corn also lower, soybeans mixed.
China continues to buy sizable quantities of U.S. old-crop soybeans, accounting for more than half of the weekly total.
Wheat and corn futures faced continued pressure from Wednesday’s losses overnight, while soybeans traded mixed.
Grain, cattle futures drop sharply as recession concerns pressure commodity, equity markets.
EPA Administrator Regan says he’s sensitive to concerns about high gasoline prices
SRW and HRW wheat basis weakens amid strong rally in cash prices.
Some areas surveyed by Wheat Quality Council labeled ‘sparse,’ UK consumer prices surge and Fed chair warns of the potential for higher unemployment...
Wheat futures expected lower on prospect for Ukraine shipments; corn lower, soybeans mostly firmer.
Wheat futures faced heavy price pressure overnight, which pulled corn lower. Soybeans are mixed following two-sided trade overnight.
G7 countries continue to mull options to export grain out of Ukraine