News
Corn, soybeans and wheat held in tight trading ranges overnight as traders await USDA’s January crop reports later this morning.
Corn, soybeans and wheat are under pressure after trading lower overnight. Livestock futures also open the week under pressure.
Soybeans under pressure after last week’s rally to seven-month highs, corn and wheat also lower.
Wheat futures are trading low range this morning, while corn and soybeans are near midrange.
Aside from wheat, chart trends for grain and soy complex futures remain bullish.
WHIP+ regs not yet sent to OMB | Port delays continue, expand | Nominee backlog
Reports on impact of surging fertilizer prices | U.S./Russia talks re: Ukraine
Soybean futures settle above $14 for first time since June as South America crop shrinks, corn also firmer, wheat rebounds.
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