China's Belt and Road initiative suffers amid Russian invasion, HPAI cases breach 22 million and federal funds are now available to livestock producers...
Winter wheat futures led strong followthrough buying in the grain and soy markets overnight amid lower-than-expected U.S. crop ratings and global supply concerns.
Chip Flory and Jim Wiesemeyer discuss Ukraine, fuel prices, the Emergency Livestock Program, recent USDA reports, the recent increase in bird flu and more...
Wheat futures traded sharply higher overnight, while soybeans were slightly lower and corn was mixed. Similar trade is expected on the open this morning. Cattle and hogs are called weaker amid followthrough selling.
Wheat futures are trading sharply higher this morning, while soybeans and the soy product markets are lower on followthorugh selling. Corn is caught in the middle.
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USDA will release its Prospective Plantings and Grain Stocks Reports today, Biden Admin may remove restrictions on E15 and China's PMI fell below growth-neutral in March...
USTR Katherine Tai today will begin two days of congressional testimony on trade, skepticism surrounds Russian pullback and farm-state senators urge prioritizing green fertilizers...
Grain and soy futures finished higher and high-range overnight as outside market pressure from Tuesday eased. Cattle and hogs also expected to open higher.
Corn and soy complex futures posted modest corrective gains overnight. Wheat futures were weaker for most of the overnight session but have turned mixed early this morning.
Grain and soy markets faced heavy selling tied to improved peace talks between Russia and Ukraine. Hogs futures also faded on that news, while cattle firmed amid the sharp pressure on corn.
Followthrough pressure from heavy selling in grain and soy futures late in the overnight session amid renewed hopes of Russia/Ukraine peace talks. Livestock markets expected to open lower, too.