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Ahead of the Open | May 2, 2023

Farm bill update | U.S./Canada trade officials to meet | Forbes on U.S./U.K. FTA

Soybeans extended gains from the past two days during overnight trade, while corn and wheat firmed amid mild corrective buying.

While the wheat crops in Oklahoma, Colorado and Montana showed modest improvement, the other states declined.

After the Bell | May 1, 2023

Weekly corn inspections topped pre-report estimates of 1.35 MMT for week ended April 27, while wheat was near the top-end pre-report range and soybeans mid-range.

Wheat futures opened the week under heavy pressure after the best rains across Plains HRW areas last week.

Dr. Glauber on crop insurance | EPA could delay decision to add electric vehicles to RFS

Corn and wheat are expected to open under pressure, while soybeans are called mildly firmer this morning.