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U.N. levers SWIFT in Black Sea Deal negotiations, Russia works to trade in local currencies and pork cutout values turn softer...

Dollar falls to lowest level since April 2022 | China’s trade woes continue | Calif.’s ‘Skittles’ bill

Soy complex futures are expected to lead a corrective rebound.

USDA reported net corn sales of 468,400 MT for 2022-23 and 470,800 MT for 2023-24, notably exceeding pre-report estimates.

Soybeans led a corrective rebound in the grain and soy markets overnight.

Corn and soybean basis are now both below the three-year averages.

Cash winter wheat prices drop as harvest advances.

After the Bell | July 12, 2023

USDA’s new-crop ending stocks forecasts for soybeans and wheat came in much higher than expected. The wheat crop estimate was also bigger than anticipated.