Pro Farmer
Corn and soybeans pulled back overnight from recent gains, while wheat mildly extended yesterday’s losses.
The grain and soy markets remained closed for New Year’s Day overnight and will resume trading at 8:30 a.m. CT.
Ag market relief payments | EV batteries | Stabenow comments | Weight-reducing drugs impact on U.S. food industry | Port talks to restart
There was no overnight grain trade. Grain and livestock markets will resume trading at 8:30 a.m. CT.
Corn basis firmed along with rising cash prices.
Short covering spurred gains in the soy and wheat markets overnight, while corn rebounded from Monday’s weakness.
Treasury hack | U.S. aid to Ukraine | Bird flu indemnity rules for poultry farms | Contraction in U.S. mfg. | Energy prices surge
Traders covered more short positions in the soybean and wheat markets overnight, while corn rebounded from Monday’s losses.
