Pro Farmer
Corn and wheat posted modest short-covering gains at midweek, which stemmed from U.S. dollar weakness and a rally in crude oil futures. Soybeans ended mostly lower; seemingly caught in the crossfire of apparent spread trading in derivatives.
Why food prices surged | Farm bill | Iranian plot | Deere flip-flops on DEI | More layoffs at Deere | Trump on Fed’s Powell | Commercial real estate crisis | Egypt’s big wheat buy
Corn, soybeans and wheat each favored the upside in overnight trade, with buying efforts intensifying this morning.