News
Wheat led strength overnight with soybeans following modestly to the upside.
China soybean imports hit record high in August
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The latest U.S. jobs report, released this morning, shows the economy added just 22,000 jobs in August, far below expectations, while unemployment rose to 4.3%, the highest since 2021.
Corn, soybeans and wheat saw a relatively quiet night of trade, each seeing action on either side of unchanged.
Wheat sales for the week ended Aug. 28 were down 46% from the previous week and 51% from the four-week average. New-crop corn sales were strong, while net soybean sales were near the low end of pre-report expectations.
Late session push lands corn and soybean futures positive gains
Yesterday, the USDA released a report lowering its 2025 farm income outlook, citing weaker crop revenues that outweigh gains for cattle producers.
Corn and soybean acres impacted by drought increase slightly
Most wheat classes saw slight declines from last week
Wheat continues to lead to the downside, an anchor for both corn and soybeans.
Looming big U.S. corn, soybean harvests hanging over grain markets
Union Pacific is pursuing an acquisition of Northfolk Southern but will have to meet an elevated standard before being approved. The merger could be in opposition to President Trump’s executive order on monopolies.
U.S. trade officials are questioning whether Brazil is doing enough to curb illegal deforestation as they pursue a Section 301 investigation that could lead to new tariffs.
Disease pressure finally weighs on corn ratings.
The big chill coming to the Midwest this week
Dry weather across portions of the country are impacting conditions.