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Data highlights supportive supply fundamentals for beef, struggles for pork

After the Bell | April 25, 2023

All food prices are now forecast to rise 6.5% in 2023 (range of 4.9% to 8.2%), down from an expected 7.5% increase last month.

APK-Inform projects decline in Ukraine grin output, HRW crop condition remains historically low and this afternoon USDA will detail frozen meat stocks...

Biden officially announces re-election in 3-minute taped message with focus on Trump

Grain and soy futures are expected to favor the downside after failing to sustain corrective buying overnight.

Grain and soy markets worked higher on corrective buying earlier in the overnight session, but buyer interest is drying up this morning.

The HRW CCI rating remains historically low, while the SRW rating is above average.

After the Bell | April 24, 2023

USDA’s export inspection data for week ended April 20, showed corn and soybeans declining notably from the previous week, while wheat inspections rose by over 100,000 MT.