News
Grain and soy markets faced heavy pressure from broad risk aversion. Cattle futures were also pressured by that selling, while hogs shook it off to close mostly firmer.
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.
Access this week’s Newsletter here.
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.
SRW wheat futures drop third consecutive day, corn and soybeans also lower after lackluster weekly USDA export sales.