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The report data is mildly negative compared with pre-report expectations, especially placements. But the report is not bearish.

After the Bell | April 21, 2023

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EU imports of Ukrainian grain still in flux, California raises water use allocation and traders expect USDA to report contraction in cattle herd...

Yellen on China | CBO updated forecasts May 12 | House debit-limit plan vote next week

Corn and soybeans will face followthrough selling, while wheat will attempt to maintain modest corrective gains posted overnight.

Corn and soybean futures extended this week’s losses during overnight trade, while wheat traded mostly firmer on mild corrective buying.

After the Bell | April 20, 2023