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IMF slashes global GDP forecast as economic outlook grows ‘gloomy and more uncertain’

Crop consultant trims U.S. corn and soybean yield estimates, truckers halt protests and China embarks on mega-tunnel water project...

Corn, soybeans gap higher overnight, surge after larger than expected crop ratings drop; wheat stronger.

Corn and soybean futures gapped higher overnight after USDA’s crop condition ratings dropped more than expected. Wheat futures followed to the upside.

Corn and soybean CCI ratings are below their respective five-year averages, while the spring wheat rating is still well above its average for the date.

Grain, soybean futures gain on concern over Ukraine shipments, return of Midwest heat next week.

USDA sees higher prices for 2023, but rate of increase to significantly decline