News
Net soybean sales during the week ended March 13 totaled 352,600 MT, down 53% from the previous week and 29% from the four-week average, missing analysts’ pre-report expectations. Wheat sales marked net reductions, while corn sales were as expected.
Corn saw relative weakness overnight while soybeans and wheat traded around unchanged most of the overnight session.
Ag Day could bring news about $10 billion farmer economic aid | Canada dairy issues | U.S. pork exports to China fully restored | RFS primer
Key items on the docket for the week and a recap of recent strong export demand
Weekly wheat inspections during the week ended March 13, roes 251,000 MT from the previous week, exceeding expectations. Corn and soybean inspections were each lower on the week.
Wheat futures are leading corn higher with soybeans under light pressure. Livestock futures are solidly higher to start the week...
Wheat led strength overnight as corn followed to the upside.
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Wheat posted impressive gains overnight as corn saw spillover strength.
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