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If the forecast verifies, it suggests crop stress could develop across the western Corn Belt and persist in the Southern Plains
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
Winter wheat rallies near record highs as U.S. crop ratings slip further; soybeans higher, corn lower.
Iowa State University survey pegs statewide average cash rent at $256 per acre.
Quarterly surveys from Federal Reserve Banks confirm strong gains in farmland values.
Secretary Vilsack raises concerns over Ukraine’s grain storage capacity, Tunisia plans to step up phosphate exports and U.S. gasoline prices tap another record high...
Ahead of the Open | May 17, 2022 Wheat futures turn lower on easing concern over India export ban; soybeans firmer, corn weaker
Wheat futures gapped higher overnight but reversed lower and are under heavy pressure this morning. Corn and soybeans also traded lower.
Wheat futures rally daily trading limits after India export ban fuels supply concern; corn, beans also surge.