News
Trump still considering 10% tariff on China amid fentanyl concerns
Corn, soybeans and wheat each faced profit-taking early in the overnight session before turning higher into the break, with wheat leading the way.
Corn and soybeans pulled back from strong gains the two previous days during overnight trade, while wheat pivoted around unchanged in choppy trade.
Corn inspections during the week ended Jan. 16 totaled 1.54 MMT, exceeding pre-report expectations while wheat and soybeans fell short.
Corn, soybeans and wheat futures worked higher in early trade with cattle futures mixed and lean hogs under pressure...
Soybeans led strength overnight with corn and wheat posting strong gains as well.
Short-term trend now bullish for most grain and soy markets.
Details of Trump’s bevy of executive orders | SPR hurdle | U.S./China trade relations