News
Analysts expect Wednesday’s Hogs & Pigs Report to show the U.S. hog herd contracted 1.2% from year-ago as of March 1.
Wheat futures led overnight price declines. Despite the heavy pressure, wheat and corn futures remained within their recent sideways trading ranges, while soybeans stayed within their choppy to higher range.
Key USDA reports this week: Hogs & Pigs report, Prospective Plantings, Grain Stocks
Wheat futures end week on firm note; corn and soybean futures higher with critical USDA acreage report ahead.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
USDA expects 2022 food prices to increase 4.5% to 5.5%
March 1 feedlot inventory was the largest ever for the month and 31,000 head more than traders anticipated.
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Wheat futures seen higher, heading for weekly gain; soybeans lower, corn mixed as trade looks toward USDA acres.
Biden: ‘With regards to food shortages, it’s going to be real’
Grain and soybean futures mildly extended Thursday’s losses in relatively quiet overnight trade.