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Deere strikers vote today | Yellen on debt hike | Inflation in U.S., U.K. rises | U.S./Japan trade
Soybeans led the overnight price rebound from Tuesday’s losses.
Profit-taking and a surging U.S. dollar weigh on grain, soybean futures, hog futures jump near two-week high.
Pelosi tells Dems they will not depart for Thanksgiving until vote on BBB
Corn, soybeans and wheat futures slip overnight on profit-taking pressure, soymeal extends gains.
President Biden met with his Chinese counterpart, Cordonnier holds Brazilian crop estimates steady and the opinions of traders differ with IEA on oil price...
Nearby soymeal futures are mildly firmer this morning but failed to push above Monday’s highs overnight.
Soymeal futures surge to four-month high, lifting soybeans, winter wheat extends rally to multi-year highs.
Federal Reserve Bank of Chicago notes strong farm incomes have translated into an 18% jump in farmland values.
The HRW CCI rating is still 9.0 points below the five-year average for mid-November, while the SRW rating is 4.9 points above average.