News
Understanding price swings through supply and demand dynamics
While net corn sales slid modestly during the week ended Feb. 13, weekly exports totaled 1.61 MMT. Mexico, Japan and South Korea were top destinations.
Corn and soybeans traded in tight ranges near unchanged overnight while wheat favored the upside, negating most of yesterday’s weakness.
USDA Sec. Rollins scores big win as first tranche of paused funding released
Corn and soybean futures chopped around unchanged in quiet overnight trade while wheat firmed.
USDA honoring existing contracts totaling around $20 million for EQIP, CSP, ACEP
Cash corn prices rise and remain well above year-ago.
The Seasonal Drought Outlook calls for drought to develop or persist over the bulk of HRW wheat areas, while most of the Corn Belt will be drought-free.