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Iraq oil | Saudi ‘petrodollar’ | Port of Baltimore | ECO subsidy rate increased to 65% for 2025 insurance year

Corn and soybeans rebounded from Friday’s losses overnight while wheat continues to face sharp selling pressure.

Short-term trend turns sideways for corn, live cattle and feeders.

Corn and soybean futures trade on both sides of unchanged overnight but have firmed and are near session highs this morning. Wheat faced followthrough selling overnight.

FY 2025 Ag Approps | WASDE June 12 | FOMC, CPI June 12 | Court rules against USDA | April pork exports largest in nearly three years; beef exports also trend higher

Texas judge grants injunction against USDA’s ERP, bans race and sex discrimination in payments

After the Bell | June 7, 2024

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Vilsack: Supreme Court ‘didn’t understand’ the pork market re: Prop 12 ruling

Wheat futures led weakness overnight, dragging corn and soybeans lower. Corn and beans remained within Thursday’s range overnight.