News
Winter wheat futures climb to nine-year highs overnight on global supply concern, corn and soybeans also firmer.
Grain, soybean futures expected to start weaker amid U.S. dollar strength, Covid concerns.
Austria announces lockdown and Germany may follow, CBO estimates the BBB package would increase the deficit and USDA will release its Cattle On Feed Report this afternoon...
Grain and soy complex futures traded both sides of unchanged overnight but have softened to a weaker tone and session lows this morning amid a rise in Covid concerns.
House BBB approval is expected, but measure faces changes and uncertainty in Senate
Monthly banker survey finds strong farmland values
Grain, soybean futures end lower as profit-taking emerges in wake of recent strong rallies; cattle at 2 1/2-month high.
While there are lysine shortages, the price rally is likely as much speculative-driven as it has to do with fundamentals.
The NWS forecast calls for above-normal temps and below-normal precip over most of the Southern Plains from December through February.
Drier weather in the southwestern United States, western Great Plains, and Southeast led to drought conditions developing or worsening for parts of these regions.
Wheat futures extend rally on signs of stepped-up exports, corn and soybeans also firmer.