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Global food prices soften, economists expect a rise in non-farm payrolls and Argy corn crop outstrips USDA estimate...

Biden orders retaliation for attack on U.S. base in Jordan | Tax bill | Border security measure

Corn and soybeans saw action on both sides of unchanged overnight while wheat futures favored the upside. Each fell from overnight highs following this morning’s non-farm payrolls report released from the BLS.

Corn, soybeans and wheat faced light selling pressure early in the overnight session but have firmed this morning with wheat leading the move higher.

Our updated monthly and quarterly price forecast, including the first outlook for the third quarter.

After the Bell | February 1, 2024

Corteva results | Outlaw on Stabenow’s farm bill plan | U.S. officials warn of growing Chinese cyber threat | FOMC analysis | State ag officials fret over banks’ net-zero commitments

U.S. soybean oil used in bio-fuel production breeches 1 billion pounds, India’s rice rally continues and BOE leaves rates unchanged...