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Our updated monthly and quarterly forecasts, including the first outlook for first quarter 2023.

The Senate looks to roll back Biden environmental permit policies, China showers missiles around Taiwan and The Bank of England raises rates...

China starts it retaliation steps following Pelosi visit

Soybean futures climb overnight on corrective buying, Midwest dryness; corn and wheat also firmer.

Based on the Drought Monitor, USDA estimates the drought footprint at 31% for corn acres, 28% for soybeans, 17% for spring wheat and 65% for cotton.

Soymeal and new crop corn, soybean sales remain relatively stable, cotton sales fall to another marketing-year low.

Two-sided trade was seen in the grain and soy markets overnight, with corn and soybeans mildly weaker and wheat favoring the upside this morning

Corn and soybean basis declines from recent peaks but remains well above average.

Soybeans extend sharp slide on crude oil weakness, Midwest rain forecasts; winter wheat drops to six-month low.