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Government offices are closed for the federal Veterans Day holiday. Markets are open.
Soybean basis firmed 6 1/4 cents over the past week to a penny above January futures.
After the Bell | November 10, 2021 Wheat futures rally to multi-year highs on shrinking global supply outlook, corn, soybeans also higher.
The surge in consumer prices came a day after data showed producer prices also jumped sharply in October.
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Ahead of the Open | November 10, 2021 Grain, soybeans seen mostly firmer as market processes USDA report implications.
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Corn futures extended their gains but failed to clear yesterday’s highs. Wheat futures were mostly firmer overnight
Projected U.S. ending soybean stocks up less than expected.
USDA lowered its soybean crop by 23 million bu., whereas traders expected a 36-million-bu. increase.