News
White House notes ‘cost cutting’ efforts in inflation debate, again focuses on big meat packers
FOMC meeting conclusion Wednesday closely watched for tapering, rate timelines
Soybean futures climb near three-week high, wheat up in corrective bounce, corn up second straight week.
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Report coming on impact of surging fertilizer prices
Wheat futures rebound overnight but still heading for second straight weekly loss, corn and soybeans firmer.
Wheat futures faced followthrough selling at points overnight but are firmer and trading near session highs in a modest corrective rebound this morning. Corn mildly eased, while soybeans held in their choppy range.
Sixteen auctions in a month saw new records posted in price per productivity index point.
Corn, soybean futures end higher after USDA Supply and Demand update brings few surprises, wheat ends at six-week low.
Drought-affected areas expanded and intensified on the Drought Monitor map in areas of the South including Louisiana, Arkansas and Texas as well as in the Southern Plains.