News
NATO will meet with Russia today, China’s ag ministry lowered its forecast for 2021-22 corn consumption and lean hog futures may be under-valued...
Davis Michaelsen and Pro Farmer policy analyst Jim Wiesemeyer take us from Russia in Kazakhstan, to USDOT Secretary Buttigieg going to the Pacific Coast, to the latest on Build Back Better...and a lot more.
Soybean futures tumble on profit-taking, improved rain prospects for Brazil, corn also lower, winter wheat higher.
USDA’s January crop reports tend to swiftly move markets since there’s so much data.
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.
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