News
Corn jumps to six-month high, soybeans at five-month high as dryness stresses South American crops; wheat ends lower.
wheat inspections mildly increased but remain slow.
Corn, soybean and wheat futures are higher to start the week although spring wheat futures are lower on profit taking. Livestock futures are also higher.
Corn futures near six-month high, soybeans at four-month high on South America dryness, wheat at one-month high.
Corn, soybean and wheat futures extended their recent rallies overnight as traders returned from the extended Christmas holiday weekend.
Corn futures extend rally to end at six-month high, soybeans end at four-month high, winter wheat snaps back.
Focus on Fed: Timing of initial rate rise
FY 2022 spending issues must be resolved by Feb. 18
USDA estimates the U.S. hog herd at 74.201 million head as of Dec. 1, down 3.111 million head (4.0%) from last year.