News
Wheat saw relative strength today while most of the grain and soy complex saw selling pressure. Cattle bounced ahead of today’s Cattle on Feed Report.
The Seasonal Drought Outlook calls for drought to develop or persist over the bulk of HRW wheat areas, while most of the Corn Belt will be drought-free.
Soybeans led overnight strength with corn following solidly to the upside. Wheat saw moderate strength.
Trump says trade deal with China possible | HPAI gameplan | EU, others seek to avoid U.S. trade war
Corn, soybeans and wheat recouped some of Wednesday’s losses during the overnight session.
Products treated with hazardous pesticides banned in EU may be prohibited
Corn and soybean basis firmed despite higher cash prices.
Policymakers are watching the rollout of Trump’s economic-policy plans and how they might shape the economy.