News
South American crops stabilize, high fertilizer prices will likely lead to food price inflation and wholesale beef movement slows...
Winter wheat near three-week high on Russia-Ukraine tension, corn fades from seven-month high, soybeans lower.
Wheat futures were supported by increased geopolitical tensions between Russia and Ukraine, while soybeans and corn were pressured by South American weather.
More info on coming WHIP+ | Did Vilsack commit to 15 bil. gallons ethanol mandate?
Biden met with national security team amid reports Russia was planning to install a pro-Kremlin leader in Ukraine
Corn futures end week at seven-month high on stronger exports, soybeans slip on profit-taking, hog futures soar.
With all three categories coming in on the bearish side of the average pre-report estimates, the report is price-negative.
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USDA Secretary Tom Vilsack appeared before the House Ag Committee Thursday for nearly four hours.
Soybean futures expected lower in correction from rally to seven-month highs, corn and wheat also lower.