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After the Bell | January 26, 2023

Cash hog prices extend seasonal decline to nearly $7 below year-ago.

Corn, soybeans and wheat are expected to open with a firmer tone on followthrough from overnight gains, along with supportive weekly export sales data and strength in crude oil.

China increases corn in feed rations, U.S. money supply declines and Mosaic will not restart idled potash mine...

USDA’s weekly export data for week ended Jan. 19 showed wheat sales up 6% from the previous week and 84% from the prior four-week average. Net soybean sales were up 53% from the four-week average, while corn was up 46%.

Soybeans and wheat built on Wednesday’s gains during the overnight session, while corn rebounded from yesterday’s modest declines.

U.S. money supply fell for first time ever in 2022 | Will we have a new farm bill this year?

Cash hog prices continued their extended seasonal decline.

Beef stocks rose more than average during December, while pork stocks increased versus the normal small drawdown in inventories during the month.

After the Bell | January 25, 2023