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Fed officials may indicate they are eyeing an interest rate increase sooner than expected, President Biden is to meet with Vladimir Putin today and China reports its pig herd surged in May...

Biden and Putin agree on Iran’s nuclear aspirations, limits expand for lean hog contracts as the cash market surges and Grassley looks forward to Ag Committee hearings on cattle industry woes...

Expanded limits for many commodities are in place today, refiners post a RIN deficit and China will stockpile fertilizers and farm chemicals...

Spring wheat condition ratings plummet, China will auction more state-owned corn and lawmakers edge closer to an infrastructure deal...

Cash soybean and corn prices extend recent sharp decline over the past week.

Severe thunderstorms affected parts of northern Illinois, northern Indiana, northern Ohio, and southern Michigan on Sunday. But other Midwest areas continued to dry out.

Corn is hitting new lows for the month, with soybeans also under pressure. Sellers continue to dominate lean hog market and limits expand ahead of USDA’s weekly export sales update and its Quarterly Hogs & Pigs Report.

Ahead of the Open | June 24, 2021 Corn, soybeans under pressure as rain benefits Midwest crops, hog futures near two-month low.

Corn sales were near the midpoint of expectations, with exports holding strong. Old-crop soybean sales were near the upper end of expectations, but new-crop sales fell short. Wheat sales also met expectations.