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FOMC decision day | Debt ceiling | Trump offers federal workers resignation incentive
Corn led strength overnight as corn, soybeans and wheat each rebounded from Monday’s losses.
Trump tariffs | Craig fuels equity/regional farm bill issues | Mexico and GMO corn | Bill introduced to axe 45Z program | E15 delay proposed
After facing followthrough selling earlier in the overnight session, corn, soybeans and wheat are modestly firmer and trading near session highs this morning.
Weekly wheat inspections during the week ended Jan. 23 rose 223,000 MT, topping pre-report expectations, while soybean inspections missed pre-report expectations, falling 250,000 MT from the previous week. Corn inspections declined 295,000 MT.
Corn, soybeans and wheat opened the week under pressure. Livestock futures are higher...
Trump may put tariffs on Canada, Mexico despite lack of trade officials, report deadlines
Corn, soybeans and wheat each favored the downside in overnight trade as a risk-off tone plagued the marketplace.