News

Soybeans saw relative strength overnight, supported by continued strength in soyoil.
Corn futures faced followthrough selling overnight, though remaining above Tuesday’s contract lows.
Concerns about U.S. agricultural exports were a leading factor in the weaker long-term sentiment.
Farm bill showdown averted as Grassley tables amendment on farmer payment limits.
Corn and soybeans led weakness overnight as good crop conditions and a favorable forecast weighed heavily on prices.
Corn conditions unexpectedly improved to the highest rating for this time of year since 2018.
Weighted soybean crop rating slips.
No real surprises in planted acreage estimates or June 1 stocks, aside from cotton acreage coming in higher than anticipated.