News
Soybean futures near contract high as trade awaits USDA Supply & Demand updates; corn mixed, wheat lower.
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...
Soybean futures climb to contract highs overnight on South America weather, corn and wheat also higher.
Short-term trend turns up for live cattle and feeder cattle.
WSJ: Biden admin. preparing first broad economic strategy for Asia-Pacific region
Soybeans rallied sharply overnight, scoring new contract highs, amid South American weather concerns. Corn and wheat followed soybeans higher.
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Davis Michaelsen and Editor Brian Grete discuss this week’s market action...