Pro Farmer
Corn, soybeans and wheat each saw an extension of recent strength early in the overnight session before testing technical resistance, which spurred selling pressure as bears continue to hold the near-term technical advantage.
Cash prices are on the decline as harvest approaches
Grains saw a solid rebound overnight that was bolstered by stronger than expected export sales this morning, which pulled soybeans higher as well.
New-crop corn sales blew past expectations, while wheat and old- and new-crop soybean sales were also stronger than expected.
Mini heat wave gripping the Great Plains
Prices continue to track well above last year
Senate Ag Committee Chair John Boozman of Arkansas said, “reconciliation is about taxing and spending...