News
Corn soybean and spring wheat futures are mildly higher this morning. Cattle futures are mostly weaker with hog futures off to a firmer start to the week.
Price action was relatively quiet overnight on a lack of fresh news.
Bottom-line update on key economic and policy issues
After the Bell | July 8, 2021 Corn sinks to six-week lows, soybeans mostly down, as Midwest weather favors crops.
Find expectations for USDA’s July 12 Crop Production and WASDE reports.
Drought and frost have taken a toll on the late-planted crop.
“Another week of hot, dry weather in the Pacific Northwest, Northern Rockies, Northern Plains, and Upper Midwest led to the expansion of drought conditions,” today’s National Drought Monitory summary says.
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.