Market Snapshot | January 31, 2024

Updates on border security, tax package measures

Pushback is evident as ag stakeholders await next steps in long farm bill process

Corn, soybeans and wheat each saw renewed selling pressure following Tuesday’s corrective gains, with wheat futures leading the way lower.

Corn, soybeans and wheat pulled back from Tuesday’s strong corrective gains during overnight trade.

A study from Sandro Steinbach and Yasin Yildirim of North Dakota St. Univ. and Xiting Zhuang of the University of Connecticut exams the current challenges in global shipping and their direct impact on U.S. agriculture.

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