News
China’s wheat imports reach highest level in more than two decades. Russian wheat export prices climb for 10th consecutive week. Possibility of a debt default rattles the market.
80% of rural bankers in 10-state region say elimination of step-basis will have negative impact on mainstreet economies.
Drought spread across the Central and Southern Plains over the past week, as well as in southern and eastern areas of the Corn Belt, according to the latest U.S. Drought Monitor.
Warm weather is likely to continue across most of the Midwest and Plains during October, according to updated weather maps from the Climate Prediction Center. The precipitation outlook for next month is less certain.
Ahead of the Open | September 16, 2021 Corn futures mixed-weaker after export sales disappoint, soybeans firmer, wheat lower.
In contrast, corn sales slumped to less than 250,000 MT.
Strategie Grains calling for tighter global wheat supplies. Business Roundtable sounds alarm on debt ceiling; Yellen calls McConnell. POET pledges its ethanol will reduce emissions at least 70% vs. gasoline by 2030.
Corn and soybean basis weaken as harvest picks up and amid Gulf logistics issues due to Hurricane Ida.
After the Bell | September 15, 2021 Corn, soybean futures post highest closes in over two weeks, wheat futures also higher.