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HRS and HRW futures led the rebound from last Friday’s sharp losses as concerns with the new Omicrop strain of Covid eased.
Wheat futures extend rally to nine-year highs ahead of Thanksgiving holiday, corn near three-week highs, soybeans firm.
Grain and soy markets are trading higher and high-range this morning, led by HRW wheat contracts.
Winter wheat posts nine-year high as Australia rains fuel global supply concern, corn ends near five-month high.
Impact of Powell’s renomination at Fed | USDA and renewable diesel projections
Powell says the Fed will focus on fighting inflation, holiday travel numbers are expected to increase and the EU is turning back to coal...
Corn, soybean futures lower as dollar strengthens, crude oil slides, HRW wheat extends gains.
U.S. will release 50 million barrels of oil in a coordinated effort along with releases from strategic reserves by China, India, South Korea, Japan and Great Britain.
HRW, SRW wheat futures post nine-year highs as Australia rain stirs supply concerns, corn and soybeans also higher.