News
Winter wheat futures led strong followthrough buying in the grain and soy markets overnight amid lower-than-expected U.S. crop ratings and global supply concerns.
Corn, soybean and wheat futures rebounded from last week’s losses in overnight.
Reports include WASDE, Brazil and China ests., FAO food prices, FOMC minutes
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
Soybeans, wheat and hogs all posted poor technical performances this week.
Access this week’s Newsletter here.
White House asks Cabinet for ideas | Pelosi led meetings on gas prices this week
USDA finally releases disaster aid details for livestock producers | Jobs report | Trade policy
Russia/Ukraine talks to continue today, soybean crush is expected to fall and HPAI cases approach 100...
Wheat futures traded sharply higher overnight, while soybeans were slightly lower and corn was mixed. Similar trade is expected on the open this morning. Cattle and hogs are called weaker amid followthrough selling.
Wheat futures are trading sharply higher this morning, while soybeans and the soy product markets are lower on followthorugh selling. Corn is caught in the middle.