News

White House starts worrying about surging gas prices as market signals top may be in
Ahead of the Open | July 8, 2021 Corn, soybeans burdened by crop-friendly Midwest weather, winter wheat under harvest pressure.
More rain for the southern, eastern areas of the Midwest heading into the weekend. Wildfire disrupting shipping at Canada’s largest port. Global food prices slide for the first time in a year.
Corn and soybean basis both pull back after last week’s surge.
After the Bell | July 7, 2021 Slipping crop ratings push soybeans, spring wheat futures higher, corn under weather pressure.
Quarterly survey of ag bankers finds optimism across Texas.
Ahead of the Open | July 7, 2021 Soybean futures poised to open higher as USDA crop ratings fall short of expectations, corn down on weather.
FOMC minutes | Gas prices nearly $1 higher than year ago | EU carbon tax $-maker
Corrective buying after yesterday’s dive. Fed to release FOMC minutes today. Chinese corn production likely to climb at least 6% in 2021-22. Vilsack heading to Nebraska for a ‘major announcement’ on Friday.
Says recent court decisions are a challenge, but industry is still focused on bolstering biofuel industry.