News
Vilsack wants DOJ to investigate input prices | Some signs of relief re: supply chain backlogs
Buyer interest built throughout the overnight session in the soybean and soymeal markets and futures are trading near session highs this morning.
Soybean basis slipped a little over the past week, as farmer selling likely picked up, but remains stronger than average.
Soybean futures surge over 30 cents on exports, reduced South American crops; corn firm, hog futures at six-month high.
Soybean futures seen higher on exports, South American crop shortfall; corn slightly firmer, wheat mixed.
USTR makes WTO appeal regarding China, a Senate subcommittee will hold a hearing on the RFS and Russia continues war games but sends some troops back to base...
Russia/Ukraine: Read whatever you want from developments as outcome remains murky
Soybeans regained most of Tuesday’s losses overnight, while corn and wheat recouped only a fraction of their declines.
Corn, soybeans, wheat drop sharply on profit-taking amid signs of easing Russia-Ukraine tension.