News
Corn, soybeans and wheat each favored the upside in overnight trade with corn and wheat leading the way higher, extending yesterday’s report driven gains.
CCC funding level | Xi/Trump confab hurdles | No tariff exemptions for farmers
Corn acres come in above expectations
USDA estimates 95.326 million corn acres will be planted this spring, nearly a million acres above the average pre-report estimate. Soybean and wheat plantings were slightly below expectations. March 1 corn stocks met analysts’ expectations, while wheat and bean stocks were slightly above.
Markets keened in on Monday’s reports for most of last week with fresh catalysts at hand.
Soybeans saw modest strength overnight while corn and SRW wheat traded near unchanged.
White House mulls farm aid as Trump escalates global tariff fight | Disaster aid | Rollins in Iowa | Trump ‘very angry’ at Vladimir Putin
Soybeans saw strength during most of the overnight session, corn pivoted near unchanged while wheat saw relative weakness, particularly HRW contracts.
Employment report | Prospective Plantings | Grain Stocks | USAID | Court battles
Former exec faces seven counts of wire fraud and two counts of tax evasion
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Will there be positive U.S./Canada/Mexico news next week?
USDA will issue its Prospective Plantings and Grain Stocks Reports
Preliminary survey results find stronger pasture and hayland values.
Trips aimed at reversing country’s nearly $50 billion ag trade deficit
Wheat led weakness overnight with corn and soybeans following to the downside.
U.S. farmers & trade policy impacts | Budget resolution details | India offers tariff cuts | Canada PM gets tough