News
The corn crop is now rated 6.7 points above year-ago, while soybeans are still 1.7 points below last year at this time. Spring wheat is 31.9 points below last year.
Grain markets are under heavy pressure with livestock futures choppy to start the week...
Barring a change in weather pattern, grain markets will need another source of support for an extended price recovery.
The Aug. 1 implementation date will allow countries a little more time to get deals secured before tariffs officially increase.
Favorable weather, trade uncertainty and weakening cash livestock fundamentals will weigh on futures to open the week.
Favorable weather triggered an active round of selling in grains to kick off trade after the holiday weekend.
Speculation continues to swirl Trump’s Thursday night visit to Des Moines could result in news of purchase agreements for corn and beans with China or a delay in the July 9 deadline for increasing tariffs.
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