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Soybean futures are under pressure after trading below the Ju ne low overnight. Wheat futures are mixed and corn futures are under pressure. Cattle futures are higher and lean hogs are facing some profit taking.
Welcome rains fell in wheat country, Biden signs budget stopgap and China’s U.S. beef imports rise sharply...
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Ahead of the Open | October 1, 2021 Wheat futures extend rally on bullish USDA data, corn firmer, soybeans weaker.
Welcome moisture for HRW wheat areas. Soybean crush expected to hit four-year low for August. Russian wheat tariff will hit a new high next week. Euro-zone inflation hits highest level in 13 years as energy prices soar.
After the Bell | September 30, 2021 Soybeans tumble to three-month lows on bearish USDA grain stocks, cotton extends rally to 10-year highs.
Ahead of the Open | September 27, 2021 Corn futures weaker on outlook for accelerating harvest, soybeans firmer on exports.
After the Bell | September 27, 2021 Corn futures post highest close for month as commodities rally, hog futures soar daily limit on USDA report.
Your editors break down USDA’s September Small Grains Summary and Quarterly Grain Stocks Reports — data that has a history of sparking some big market moves.
On the other hand, USDA’s quarterly wheat stocks estimate was 72 million bu. lighter than analysts anticipated. Find more highlights from USDA’s latest Quarterly Grain Stocks Report and Small Grains Summary.
Warm, dry weather dominated the western half of the U.S. the week ending Sept. 28, while some welcome rain fell in some areas of the Midwest, the Mid-Atlantic and into the Northeast.