Search - Pro Farmer

No changes to the short-term chart trends this week.

Corn, soybeans and wheat traded lower overnight, with nearby corn and soybeans falling to new contract lows.

SAF details coming by March 1 | Vilsack testifies Wed. | Senate WRDA hearing | WTO ministerial meeting

Placements declined from year-ago levels for a third straight month – a trend that will continue.

After the Bell | February 23, 2024

Access this week’s newsletter here.

Houthis harangue shippers, Congressional squabbling delays funding bill and China’s new home prices decline...

Houthi ship attacks | U.S. boosts sanctions on Russia | Fedspeak | Natgas prices | Election updates

Corn and soybeans gave up early corrective gains overnight, though wheat holds onto marginal gains. Weak export sales across the board helped spur selling pressure this morning.

Net soybean sales during the week ended Feb. 15 were down 84% from the previous week, while weekly corn and wheat sales were down 37% and 33%, respectively.