Pro Farmer
Corn, soybeans and wheat each saw modest losses most of the overnight session though selling efforts accelerated in corn and beans following this morning’s posts from President Trump regarding EU tariffs.
Cash soybean prices weakened over the past week.
Bond market movements will be key on many fronts moving forward.
Corn, soybeans and wheat each opened lower overnight but recouped most of the losses and are trading nearer session highs.
Crude oil futures are under pressure and the U.S. dollar index is firmer.
Corn and soybean basis remains much weaker than normal.
EU hopes new proprosal helps secure a trade deal.