News
Winter wheat futures surge to four-week highs, corn and soybeans also higher as “inflation trade” drives speculator buying.
Some lawmakers push special counsel at USDA re: meat industry competition | Biden to Iowa
Short-term trend turns up for corn, down for crude oil.
Wheat and corn futures were supported by solid followthrough buying from last week’s gains in overnight trade, while soybeans weakened.
New U.S. gun regulations coming | Vilsack tested Covid-positive
Nearby soybeans soar to two-week highs after USDA cuts supply outlook; new-crop corn hits contract high, wheat surges.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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USDA left U.S. old-crop corn ending stocks unchanged, whereas traders expected a cut. Global corn ending stocks also unexpectedly increased.
RFA CEO calls EPA decision on waivers a ‘hollow victory,’ EU steps-up sanctions on Russia and global food prices continue to climb...