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Trade policy initiatives evident around the world as U.S., China, EU mull big changes

Wheat led strength overnight, soybeans led to the downside and corn was caught in the middle, though each faced increased selling pressure into the break.

Wheat futures posted strong gains overnight coming off the extended holiday weekend amid ongoing Russian crop concerns. Corn followed to the upside, while soybeans slumped after a firmer start.

After the weekend update

Tester in close Montana race | China firms want probe of EU pork | EV charging stations

The decline in feedlot numbers was the first drop versus year-ago in eight months.

Beef stocks declined less than average during the month, while pork inventories built more than normal.

After the Bell | May 24, 2024

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