Pro Farmer
Combination of slightly bigger-than-expected spring pig crop and revisions to market hog inventories from the previous two quarters pushed the June 1 hog herd up 0.3% from year-ago.
Each notched weekly declines, though soybean sales were up notably from the four-week average, while corn sales dipped modestly.
U.S. dollar index falls to lowest level since February as President Trump eyes early Fed chair announcement.
Basis modestly improved for soybeans and wheat amid the sharp cash price declines.
USDA keeps food price outlook unchanged.
Passage of the bill is seen as a prerequisite for unlocking trade agreements with nations including India, Japan, and Vietnam, and for addressing issues such as digital taxes on U.S. businesses abroad.
Persistent selling continues across the grain and soy markets, with corn leading the way lower overnight, marking a fresh contract low.