News
Trade was relatively light in the grain and soy markets for much of the overnight session, but buyer interest has picked up early this morning.
Grain and soy complex futures open the week under heavy pressure. Cattle futures are posting corrective gains with lean hogs moderately to sharply lower.
Winter wheat drops to three-week lows on rain relief for Plains; corn and soybeans also lower.
China met with domestic and foreign banks on plan if Beijing hit with Russia-style sanctions
Bears took firm control of price action in the grain and soy markets amid risk aversion overnight as traders returned from the weekend.
USTR Tai, Treasury Secretary Yellen among speakers this week in Washington
Corn ends mixed but still near contract highs amid export demand, weather concern; soybeans mixed, wheat down sharply.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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Railroad gridlock bogging down the U.S. farm sector
Pelosi dismisses proposed gas tax holiday as a, ‘PR’ move, the first human case of H5 Bird Flu detected and EPA expects to release RVOs early next week...