News
Two-sided trade was seen in the grain and soy markets overnight, but futures are weaker and near session lows this morning.
Pro Farmer policy analyst Jim Wiesemeyer and AgriTalk’s Davis Michaelsen reflect on the life of U.S. Senator Bob Dole plus the debt ceiling, BBB, President Biden’s challenges, and foreign hotspots.
With no updates to the corn and soybean crop estimates this month, focus will be on changes to demand projections for 2021-22.
Grain, soybean futures seen mixed to weaker, trading sideways ahead of USDA reports.
U.S. farmers seek gov’t assistance re: fertilizer supply and prices
Corn, soybean and wheat futures traded both sides of unchanged in narrow overnight ranges.
Global export business boosts wheat futures, soybeans fall modestly, corn ends mixed.
Soybean inspections slipped modestly from the previous week.
Corn soybean and wheat futures opened firmer overnight but have faded and continue to soften to start the week. Live and feeder cattle futures are mildly lower as lean hog futures fall sharply.
Corn, wheat futures expected to extend last week’s declines, soybeans also lower.
