Pro Farmer
Pre-report estimates signal another yield reduction for corn and steady prospects for soybeans as objective data comes into focus.
Corn futures continue to lead weakness, falling below technical support in overnight trade.
Russia, Ukraine continue to strike each other’s shipping infrastructure
USDA also begins tracking national corn harvest progress
Bill Watts and Hillari Mason discuss the state of the crops, fund demand and El Nino ahead of this Friday’s USDA data. Spencer Langford takes a close look at the Trump administration’s latest cattle announcements.
Wheat led strength overnight following peace talks around the Black Sea falling apart.
Crude oil prices hit 3-mo. high as Saudi Arabia attacked by Iran-backed Houthis
The U.S. Department of Justice is expanding its investigation into high beef prices to include eight major retailers, broadening a probe that initially focused on the country’s largest meatpackers.