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European Parliament in Brussels agreed to enforce the world’s first carbon border tax

Corn and wheat futures extended Monday’s corrective gains overnight, while the soybean market recouped a small portion of yesterday’s losses.

Soybeans drop over 20 cents as weekend rains bring relief to Argentina; wheat up sharply on Ukraine concern, corn also firmer.

Weekly export inspections for Dec. 8, revealed corn and wheat on the shallow-end of expectations, while soybeans proved mid-range. Each were notably lower than the previous week’s data.

Soybean futures lower in wake of higher USDA stocks, Argentina rains; corn and wheat higher

Soybeans and soymeal are under hefty pressure with corn and wheat moving higher. Live cattle futures are choppy with feeders under pressure while lean hog futures soften.

Short-term trend turns sideways for lean hog futures.

Soybean, soymeal and soyoil futures faced moderate to heavy pressure overnight, while the corn and wheat markets firmed.

Fusion breakthrough | Crude prices rise | Another stopgap spending measure likely