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Biden administration SAF details coming by March 1

FY 2024 funding update | Biden protest vote in Michigan | Beyond Meat | Higher swine line speeds until 2025

Corn futures showed relative strength overnight, soybeans pivoted near unchanged and wheat gave up a significant portion of Tuesday’s gains.

Corn and soybeans are trading near unchanged this morning after light two-sided trade overnight, while wheat futures have weakened.

After the Bell | February 27, 2024

U.S./Mexico GMO corn-for-food flap | Kroger-Albertsons merger | Panama Canal | U.S. dollar

Cordonnier holds steady on Brazil and Argy crops, U.S. HRW crop improves and Indonesia to encourage palm oil production...

Soybeans led the way higher overnight as soybeans, corn and wheat each saw gains into the break. Each is nearing 10-day moving average resistance, which will be the first real test of the recent bounces.