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Cotton futures pushed to a 10-year high today, but corn, soybeans and wheat all faced pressure. Lean hogs also enjoyed followthrough buying.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Wheat inspections came in well short of expectations at just over half of last week’s tally, catching the market off guard.
Corn, soybean and wheat futures are slightly firmer this morning. Hog futures are sharply higher and cattle futures are under light pressure.
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Analysts expect record Brazilian bean crop of nearly 144 MMT. Drying to worsen on the U.S. Plains, Canadian Prairies. More than 12,000 migrants from Del Rio surge have been released into U.S. Bullish H&P Report Friday.
After the Bell | September 24, 2021 Winter wheat climbs to three-week high, corn and soybeans mixed with Midwest harvest picking up.
USDA also made some substantial revisions to past data.
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