News
Ahead of the Open | July 29, 2021 Wheat futures seen higher as crop tour projects sharp yield drop, corn, soybeans also higher.
Also of note, wheat sales climbed 46% from the four-week average to 515,200 MT, with China topping the list of buyers — despite elevated prices.
Second day of spring wheat tour finds even lower yields. Bunge CEO optimistic Chinese demand for corn is here to stay. USDA confirms ASF in Dominican Republic.
Soybean basis soars on rollover to the November contract, but the cash price falls.
Fed Chair Jerome Powell said the Fed is still a ways away from considering raising interest rates, though he did acknowledge near-term risks to inflation are to the upside.
After the Bell | July 28, 2021 Drought damage sends wheat futures up sharply, corn, soybeans also higher on dryness concern.
Sweltering temperatures may spur some sever weather today, Senators near the finish line on physical infrastructure bill and the CDC reinstates mask guidance...
Canadian wheat crop struggles are not yet reflected in crop estimates, Senate Republicans block debate on infrastructure and China is dealing with major flooding...
Temps cool in Canada but dryness remains, China’s soybean imports are expected to slow in the second half of the year and GOP leaders say they will oppose efforts to increase government borrowing limits...
Brazil’s safrinha corn harvest progress lags year ago, squabbles continue over the infrastructure bill and the Biden administration blames China for a cyber attack...