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Weekly soymeal sales totaled 203,400 MT during the week ended Feb. 8, missing the pre-report range, while corn sales held steady at 1.31 MMT. Wheat and soybean sales were near the low-end of pre-report estimates.

The initial projections are based on the January WASDE Report. These are USDA’s current best guesstimates. A lot can (and will) change.

Corn, soybeans and wheat extended Wednesday’s losses during the overnight session.

Cash grain prices continue to fall; sharply below year-ago.

Basis remains weaker than average for corn, soybeans and wheat.

After the Bell | February 14, 2024

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Grain and soy markets are expected to open under solid pressure this morning after weak trade overnight.

Wheat futures led broad losses in the grain and soy complex during the overnight session as markets weakened amid technical selling and a lack of supportive news.

After the Bell | February 13, 2024

Valuable insights into demographics, economics, land use and activities on U.S. farms and ranches.

Farmers block Port of Antwerp, Houthi rebels strike ship bound for Iran and the CME Lean Hog Index firms...

Senate clears foreign aid package to Israel, Ukraine and Taiwan; House GOP balks

Corn futures saw modest corrective gains overnight, soybeans pivoted near unchanged and wheat reversed Monday’s gains.

Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.

After the Bell | February 12, 2024

For the week ended Feb., USDA showed corn and wheat inspections up 230,000 MT and 112,000 from the previous week, while soybean inspections fell 420,000 MT after a 320,000 MT upward revision to last week's figure.

Corn and soybean futures are higher with wheat futures under pressure. Cattle and hog futures start the week working higher...

Corn and soybeans saw corrective gains overnight though saw increased selling into the break. Wheat favored the downside, though went into the break near unchanged.

Pork oversupply sparks economic concerns; industry seeks solutions

Most short-term, intermediate and long-term trends unchanged.

Corn and soybean futures firmed amid mild corrective buying overnight, while wheat traded lower.

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After the Bell | February 9, 2024

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Ukraine expects seeding area to match last year, India's rice prices continue to rise and beef packers remain at a standoff with feedlots...

Soybeans continue to lead weakness, giving up all of Thursday’s gains overnight, while corn followed to the downside. Wheat futures saw modest corrective gains overnight.

Cocoa surges | India rice prices record high | Senate to hold votes on aid to Ukraine, Israel, Taiwan

Corn faced followthrough selling overnight, while soybeans more than erased Thursday’s gains and the wheat market was mixed.

Senate takes step to advance aid to Ukraine, Israel, Taiwan | Farm income | USDA reports

After the Bell | February 8, 2024

USDA unexpectedly increased corn ending stock and raised soybean carryover more than anticipated.

USDA showed soybean ending stocks rose 35 million bu. from January, while corn rose 10 million bu,. Meanwhile, 2023-24 global soybean carryover was notably higher than expectations.

Cash corn and soybean prices continue to slide.

Traders await USDA reports, Conab slashes forecasts and ocean imports into the United States are increasing...

Soybeans led strength overnight while corn saw corrective buying from a fresh contract low. Wheat futures saw renewed selling.

During the week ended Feb. 1, USDA showed net soybean sales of 340,800 MT, short of pre-report estimates, while corn and wheat sales held steady week-over-week.

Mexico surpasses China as top source of goods imported by U.S. for first time in over two decades

Corn and wheat traded lower overnight, while soybeans firmed a little in quiet price action ahead of USDA’s February crop reports later this morning.

Basis turned slightly negative for corn and soybeans despite a big drop in cash prices.

After the Bell | February 7, 2024

Yellen to visit China, House Democrats keep Farm Bill hopes alive and Aussie meat exports surge...

U.S. pork producers in price vice last seen in 1998 and 1999 | Farm bill going backwards

Corn futures fell to contract lows overnight, leading soybeans and wheat lower as well. Traders await Thursday’s USDA reports, which will give a fresh look into South American crop estimates and U.S. balance sheets.

Corn futures fell to contract lows overnight, while soybeans posted double-digit losses and wheat followed to the downside.

After the Bell | February 6, 2024

Cordonnier leaves South American crop estimates unchanged, China's stock market responds to economic news and E.U. inflation expectations decline...

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Declining prices for key commodities weighed on agricultural producer sentiment in January.

Corn, soybeans and wheat each saw gains overnight with soybeans leading the way higher.