Pro Farmer
Trade has remained relatively quiet ahead of this morning’s production and supply & demand reports from USDA.
The agency plans to rescind a 2024 rule that placed habitat restoration and ecosystem protection on equal footing with uses like grazing, mining, energy development, and recreation.
Illinois and Ohio showed the largest gains in abnormally dry conditions
Seasonal decline in grain prices continue
Soybeans led strength overnight while wheat led weakness, falling to fresh contract lows.
Analyst’s expected net new crop corn sales to range from 900,000 MT to 2.4 MMT.
Trading in grains may be more subdued ahead of Friday USDA data
National soybean basis continues to drop
Despite an increase in OPEC+ production output, farm diesel is likely to find seasonal support...
