News
Grains are expected to open with a modestly firmer tone this morning, though fund selling remains a risk to prices.
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These initial projections released as part of the Ag Outlook Forum are based on the February WASDE Report.
Beef and pork inventories remain below year-ago and the five-year averages.
USDA has a five-point plan to address the situation.
Corn, soybeans and wheat each saw action on either side of unchanged overnight.
Corn, soybeans and wheat are near their session lows this morning following light, two-sided price action overnight.
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Soybean meal led strength in the grain and soy complex today. Cattle posted gains for the third straight session.
Egg prices are expected to surge 41.1% due to impacts from the outbreak of highly pathogenic avian influenza