News
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.
Grain and soybean futures mildly extended Thursday’s losses in relatively quiet overnight trade.
SRW wheat futures drop third consecutive day, corn and soybeans also lower after lackluster weekly USDA export sales.
Diesel prices ease a little but they are still nearly $2 above year-ago.
U.S. plans to provide LNG to Europe, USTR reinstates tariffs on China and frozen beef stocks rise unexpectedly...
Wheat futures seen extending profit-taking slide; corn, soybeans lower as weekly export sales drop sharply.
U.S. and EU close to deal aimed at slashing Europe’s dependence on Russian energy
Grain and soy markets faced price pressure overnight and are trading near session lows this morning.
Wheat basis continues to rebound, but remains much weaker than normal.