Pro Farmer
These initial projections released as part of the Ag Outlook Forum are based on the February WASDE Report.
Corn, soybeans and wheat each saw action on either side of unchanged overnight.
Corn, soybeans and wheat are near their session lows this morning following light, two-sided price action overnight.
Mexico moves to ban GMO corn planting | House clears budget resolution | Update on $10 bil. farmer aid plan | Will GOP claw back some biofuel tax incentives?
Soybean meal led strength in the grain and soy complex today. Cattle posted gains for the third straight session.
Soybeans saw relative strength today while the grain complex saw continued selling.
The cattle and hog markets continue to diverge, with cattle showing strength and hogs weakness.
Egg prices are expected to surge 41.1% due to impacts from the outbreak of highly pathogenic avian influenza
Grains continue to favor a weaker tone, while beans are working to trade higher.
Rollins keeps focus on HPAI | Mexico wants USMCA deal | Trump helping Canada liberals | Musk’s email mandate lacks follow-through