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On the other hand, its cotton production and carryover forecasts dropped more than analysts anticipated.
Corn and wheat inspections were in the lower half of analysts’ expectations and down from the week ending Sept. 30, with exporters focusing on soybean shipments as Louisiana ports reopen.
USDA will release key report data at 11am CT, Cordonnier raises Brazilian corn crop estimate and WHO asks China to closely monitor a strain of H5N6 bird flu...
Ahead of the Open | October 12, 2021 Soybeans extend slump ahead of USDA Crop Production report, corn also lower, wheat mixed.
Corn, soybeans soften leading up to USDA’s reports. Wet late-season weather lowers Chinese corn crop prospects. Timely soybean planting for Brazil. Russian wheat export prices climb for the 13th week in a row.
Updated monthly and quarterly price forecasts.
After the Bell | October 11, 2021 Soybeans post lowest close in over six months with USDA seen hiking projected harvest; grains mixed.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Grain and soybean futures favored the upside in the overnight but are slightly lower after the open. Cattle futures are under light pressure and lean hog futures are off to a moderately lower start.
Logistical constraints linger, expand | Tai confers with China counterpart