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Crop conditions continue lower, China fights yuan depreciation and cash hogs rebound slightly...

House Ag Chair Thompson sticks with upbeat farm bill Ag panel, House vote timeline

Grain and soy futures are expected to open with a varied tone today. Price direction will largely be determined by money flow to start the new month.

Corn, soybeans and wheat traded on both sides of unchanged while holding in relatively tight ranges during the overnight session.

The spring wheat CCI rating was the lowest of the growing season; the corn and soybean crops were still above their early July ratings.

After the Bell | July 31, 2023

Weekly wheat inspections in week ended July 27 rose 220,413 MT from the previous week, topping the pre-report range. Shipments are now running 4.8% behind a year ago, compared to 16.9% last week.

Grain and soy futures open the week under pressure. Cattle futures are higher with lean hog futures under pressure...