News
Extreme heat will stress crops in the driest areas, though no extending blocking pattern is expected.
Updates on trade deals, negotiations with UK, Canada and Japan.
Winter wheat saw relative strength overnight which helped pull new-crop corn futures higher.
Corn, soybeans and spring pivoted around unchanged overnight, while the winter wheat markets mildly favored the upside.
Soybean crop ratings took a small step backwards over the past week.
Corn inspections totaled 1.67 MMT during the week ended June 12, down slightly from the previous week but landed just short of the upper end of the pre-report range.
A lot of market-moving factors for markets to digest entering a typically volatile period.
Soybean futures are higher with corn and wheat futures under light pressure. Livestock futures are higher to start the week...
Grains saw relative weakness overnight while soybeans were supported by robust followthrough gains in soyoil following Friday’s limit higher close.