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NASS on possible acreage changes in Sept. 10 report | China turns to Brazil soybeans

Ahead of the Open | September 2, 2021 Corn futures trade near seven-week lows on concern over Gulf exports, soybeans firm on export sales.

Carghill Inc. confirms damage to Louisiana shipping hub, Brazil investigates a possible case of BSE and global food costs are on the rise...

The reporting period preceded Hurricane Ida. New-crop sales of soymeal were also impressive at nearly 400,000 MT.

Storm damage, power outages keeping all southern Louisiana terminals closed. Argentine producers consider grain and cattle trade strike to protest restrictions on beef exports. Brazil investigating suspected BSE case.

The Renewable Fuels Association supports EPA’s reevaluation of the exemptions, but it objects to EPA’s remand request.

If the review justifies any changes, NASS will publish updated planted and harvested acreage estimates in the Sept. 10 Crop Production Report.

STB rules against CN voting trust for Kansas City Southern deal

Ahead of the Open | September 1, 2021 Corn, soybean futures lower on favorable Midwest weather, export concerns, wheat mixed.