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After the Bell | May 4, 2023

Our monthly and quarterly price forecasts, including the first projections for the fourth quarter.

Weekly corn sales notched net reductions in week ended April 27, while shipments rose to a marketing year high of 1.699 MMT. Soyoil, cotton and pork shipments also reached marketing-year highs during the week.

Grain and soy futures are expected to open weaker after failing to sustain Wednesday’s corrective gains overnight.

China’s PMI falls, USDA creates 12 regional food centers and cash cattle trade begins to falter...

Corn, soybean and wheat futures were unable to build on Wednesday’s strong gains and faced pressure overnight.

China data questioned on all fronts, including ag production and stocks

Wheat basis firmed along with a rise in cash prices.

Ed Amame is the nom de plume, or pen name, of the crossword puzzle creator.

JPMorgan Chase & Co could process another 40 Russian grain export payments, two sources told Reuters.