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OPEC+ not keeping up with production commitments, China suspends pork trade with Italy over ASF and West Coast ports report a slump in arrivals in December...
Wheat futures expected lower on profit-taking from sharp gains, soybeans higher, corn down slightly.
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The wheat market faced profit-taking and corrective selling overnight following strong gains the first two days this week. Corn was pulled slightly lower by wheat, while soybeans favored the upside in two-sided trade.
SRW wheat jumps near two-month high on Russia-Ukraine concern, Plains dryness, soybeans firmer, corn mixed.
South American crops stabilize, high fertilizer prices will likely lead to food price inflation and wholesale beef movement slows...
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Wheat climbs near four-week high on Russia-Ukraine tension, corn rise near seven-month high, soybeans firm.
Wheat futures found followthrough buying overnight amid heightened tensions with Russia and deteriorating U.S. winter wheat conditions, while the corn and soybean markets favored the downside in light, two-sided trade.
Individual state crop conditions ratings released on Monday showed further deterioration of the HRW wheat crop during January due to drought in the Plains.