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Net sales reductions of 210,500 MT of wheat were reported in week ended May 25, missing the expected range by over 100,000 MT. Weekly corn and soybean sales were near the low-end of their respective pre-report estimate.

Corn futures are extending losses early this morning, while beans and wheat are mixed.

After the Bell | June 1, 2023

Our updated monthly and quarterly price forecasts.

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Drought continues to spread from west to east across major U.S. corn and soybean areas.

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Corn, soybean and wheat futures are expected to open sharply higher following strength overnight and on weather concerns.

Soybean futures led overnight price gains, though corn and wheat actively participated in the push to the upside.

Corn and soybean basis remains well above average.

After the Bell | May 31, 2023

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Grain and soy futures are expected to face heavy pressure after active followthrough selling during overnight trade.

Corn, soybeans and wheat actively extended Tuesday’s losses during overnight trade.

The initial CCI ratings came one week earlier than last year.

After the Bell | May 30, 2023

Weekly corn inspections were down slightly from the previous week but were near the top-end pre-report estimate of 1.4 MMT. Corn in Wheat and soybean inspections were each near the respective low-end ranges.

Corn, soybeans and wheat futures are under hefty pressure to start the week. Livestock futures are higher this morning...

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Soybeans and wheat are expected to open sharply lower, with corn likely to trade lower on spillover pressure.

Short-term trend turns bullish for corn.

Beans and wheat faced heavy pressure coming out of the holiday weekend, while corn modestly favored the downside in mixed trade.

House rules meets Tuesday; House vote Wednesday; Senate to follow

Briefings ongoing as both sides seek enough votes to clear Congress this week

Afte the Bell | May 26, 2023

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Corn, soybeans and wheat are expected to open higher following solidly firmer trade overnight. Support will come from weather, greater risk appetite and outside markets.

Corn, soybean and wheat futures showed price strength overnight and are trading near their session highs early this morning.

The Office of Management and Budget (OMB) has scheduled an increasing number of meetings concerning the EPA’s final rule on levels for the Renewable Fuel Standard (RFS).

After the Bell | May 25, 2023

Attorney: Likely leaves Biden administration to start all over again from scratch

Republicans expect debt ceiling compromise soon, Argy rains improve expectations for wheat crop and the Fed devises Twitter Sentiment Index...

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Grain and soybean futures are expected to open mostly lower following another week of disappointing export sales.

Weekly export data for week ended May 18, showed net reductions for corn and wheat, while soybean sales were up noticeably from the previous week. Though, meal sales were the highlight; up 68% from the four-week average.

Corn, soybean and wheat futures held in tight ranges in quiet, two-sided overnight trade.

Cash hog prices continue slow, methodical seasonal climb.

Corn basis improved along with a big jump in the cash price.

Beef stocks declined more than average, while pork inventories climbed more than normal during April.

After the Bell | May 24, 2023

Debt ceiling talks stall, Russia signs MOA to increase cooperation with China and watchers fear rates could reach 6 percent...

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Wheat futures are expected to open lower after price pressure overnight. Corn is called steady/firmer, while soybeans are likely to be mixed.

Soybeans faced followthrough selling during overnight trade, while corn and wheat pulled back from Tuesday’s gains.

After the Bell | May 23, 2023

Colorado River basin states reach agreement on water cutbacks

Corn and wheat futures are expected to open higher. Soybeans are called lower after mild weakness overnight.

Soybean futures pulled back from Monday’s strong gains during overnight trade, while the corn and wheat markets have firmed after earlier trading lower.