News
After the Bell | August 12, 2021 USDA’s lower-than-expected harvest estimates boost corn futures to six-week highs, wheat to three-month highs.
Cash wheat prices firm, though HRS values ease from their elevated levels.
Corn and soybean basis continues to slide, but cash prices for both rose this week.
Grain and cotton futures posted a generally muted showing Wednesday ahead of Thursday’s important USDA reports. Cattle futures slipped along with recent cash losses, whereas fall hog futures posted a strong rebound.
Hot, humid weather continues over the Corn Belt, the $3.5 trillion spending package narrowly moves forward and GOP leaders weigh in on raising the debt ceiling...
Inflation settles at high rate as prices leap 5.4% from a year ago
Ahead of the Open | August 11, 2021 Soybean futures seen higher on export optimism, corn firmer ahead of critical USDA reports.
Stifling summer heat stretches from coast to coast. Heat and dryness remain problematic in Canada. House to cut recess short, take up Democratic budget plan. Delta variant is threatening China’s economic recovery.
The data is also expected to remind of the thin supply cushion for both crops.
After the Bell | August 10, 2021 Wheat futures end higher on bullish global supply-demand outlook, soybeans gain on export optimism.
The statistics agency also cut its soybean export forecast by 3.3 MMT and warned further cuts could be coming.