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Cotton prices continue to be mostly sideways
Market remains keyed in on U.S. weather, ignoring bigger picture
China buys meaningful amount of U.S. corn for first time in over a year.
Oppressive heat lingers over Midwest, Plains
Veronia Nigh, economist at The Fertilizer Institute, says there are three key drivers in fertilizer right now.
Soybeans led corrective strength overnight, corn pivoted near unchanged and wheat saw relative weakness, giving up a portion of recent losses.
Warmer-than-normal weather in Midwest through the rest of July
December futures are poised to break higher, but need some help.
Corn, soybeans and wheat each saw weakness early in the overnight session.
Grain bulls are fading early this week
A mid-level high pressure ridge will bring heat throughout much of the Midwest.
Corn conditions continue to remain favorable
Two of the six largest Class 1 railroads are rumored to be seeking a merger to form the first-ever rail service network stretching from coast to coast.
As soybean exports face increasing uncertainty, the United Soybean Board says it’s focused on drumming up more domestic demand.
Weekly wheat inspections for the week ended July 17 topped pre-report expectations by a notable margin, while corn inspections fell short. Both wheat and soybean inspections rose on the week.
A deeper dive into above trend yield projections amid strong crop conditions.
Corn and soybean futures open the week under moderate pressure as wheat futures firm. Live and feeder cattle are mildly higher this morning with hog futures choppy to start the week...
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