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Soybean futures continued their strong rally, with most old-crop contracts surging above $16 overnight. Corn and wheat followed soybeans higher.
U.S. trade deficit with China grew 14.5% for 2021 as China short on Phase 1 commitments
As of Dec. 31, Statistics Canada (StatsCan) estimated Canadian stocks of wheat, canola, barley, oats and soybeans were all well below year-ago levels.
Grain, soybean futures seen lower amid corrective pressure as traders look toward USDA report.
Business owners concerned over inflation, CCC funds proposed for $1 billion Climate-Smart Commodities program and Biden threatens to cut European pipeline...
Grain and soybean futures pulled back from Monday’s gains in corrective trade overnight on profit-taking and pressure from outside markets.
Vilsack, USDA provide some details of pilot projects using climate-smart practices
Soybean futures soar to eight-month high on exports, smaller South American crop; corn up sharply, wheat firmer.
All three within trade expectations.
USDA will update its 2021-22 U.S. demand forecasts in the Feb. 9 Supply & Demand Report, though a bigger focus will be changes to the South American crop forecasts.
Soybean futures reached fresh contract highs overnight. Corn and wheat futures are following beans higher this morning. Livestock futures are mostly higher...