Pro Farmer
Corn saw modest strength overnight while soybeans and wheat traded higher early before falling near unchanged going into the break.
Wheat continues to lead weakness, breaking to fresh lows overnight.
Big U.S. economic data dump today
Hedge funds piling into physical side of commodities markets
Record corn exports are tightening stocks and lifting prices, but long-term strength depends on expanding domestic demand. Could year-round E15 overcome legislative hurdles in Washington and change the market trajectory?
Davis and Spencer go over the news before Lane tackles USDA’s latest export estimates.