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House Ag panel Republicans want some answers on alleged Biden/USDA overreach using executive actions

Soybean futures drop to two-week lows, corn and wheat also lower on intensifying recession worries.

Grain and soy futures traded lower overnight on global economic concerns although soybeans recovered slightly on the open. Cattle futures are mildly higher with lean hogs under pressure to start the week.

House Ag panel Republicans want some answers on alleged Biden/USDA overreach using executive actions

No changes to short-, intermediate or long-term trends this week.

Outside markets and global economic concerns weighed on grain and soy markets overnight.

Friday brings key economic and ag sector reports

Corn, soybean futures plunge to two-week lows on surging dollar, escalating recession concerns; wheat also down sharply.

Davis Michaelsen and Editor Brian Grete discuss this week’s market action...