News
Soybeans and wheat extended Thursday’s losses overnight, while corn mildly bounced after holding support at yesterday’s lows.
Boxed beef prices strengthened over the past week, while the cash cattle price weakened.
Soybeans climb after USDA lowers South American crop forecasts more than expected, wheat futures drop on higher seedings.
The wheat market had the biggest reaction to the data as winter wheat seedings topped expectations, while U.S. and global wheat ending stocks increased from last month.
Increases U.S. corn, soybean and wheat carryout
Separate reports presented to some corn groups and Rep. Letlow; NCGA responds
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...
Grain, soybean futures expected mostly lower as trade awaits USDA crop reports.
USTR: USDA Sec. Vilsack misspoke on USTR Tai going to China
Corn, soybeans and wheat held in tight trading ranges overnight as traders await USDA’s January crop reports later this morning.
Corn, soybeans climb slightly as trade awaits USDA reports, wheat also higher, hogs at one-month low.