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Pork producers give reasons why they are not expanding operations
Sharp weekly increases in cash prices of corn, soybeans and wheat.
Soybean basis firms to a penny over futures.
Grain and soybean futures posted two-sided trade overnight, with wheat and corn narrowly mixed and soybeans under pressure this morning.
Winter wheat futures surge to four-week highs, corn and soybeans also higher as “inflation trade” drives speculator buying.
Winter wheat rises to five-week high on concerns over drought, Ukraine; corn and soybeans also higher.
Winter wheat futures found strong followthrough buying in leading overnight gains in the grain and soy complex. December corn futures pushed to a contract high for a third straight session.
Winter wheat futures jump to two-week highs on concern over Ukraine disruptions; soybeans down sharply, corn mixed.
White House blaming Putin for inflation it believes will be ‘extraordinarily elevated’
Both the HRW and SRW crops showed mild improvement over the past week.
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