News
Based on U.S. Drought Monitor data as of May 10, 68% of the U.S. winter wheat crop area was experiencing drought, down one percentage point from the previous week.
Basis firmed for both corn and soybean and is well above futures.
Grain, soybean futures climb sharply ahead of USDA report expected to show smaller supplies.
China scolds U.S. on Taiwan, the Supreme Court will hear Proposition 12 and President Biden is expected to announce funding for domestic fertilizer production...
Grain, soybean futures expected firmer as traders await USDA Supply and Demand report.
Biden, Vilsack to Illinois farm today to discuss food prices, efforts to boost production
Corn, soybean and wheat futures built on Tuesday’s gains overnight amid supportive outside markets.
Corn, soybean futures end firmer as planting progress falls short of expectations; wheat also higher.
USDA’s May 12 Supply & Demand Report will be the first official release of balance sheets for 2022-23, along with usage adjustments for the old-crop marketing year.
Inflated anxiety about inflation has Biden taking Vilsack to Illinois farm on Wednesday
Corn, soybean futures expected firmer after planting progress falls short; wheat also firmer.