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Employment report | USDA farm income | Rail strike averted | Ag disaster aid for 2022

Winter wheat extends slide to three-month lows on poor exports; soybeans pressured by soyoil weakness, corn lower.

Winter wheat futures led a round of followthrough selling in overnight trade, while corn and soybeans faced lighter pressure.

Soybean futures tumble nearly 40 cents after proposed biofuels targets disappoint; corn and wheat also lower.

Soybeans lower in corrective pullback from climb to two-month highs; wheat lower as exports sag, corn firm.

Senate Set to Approve House-Passed Measure to Halt Rail Strike, But Timing Unclear

Weekly export sales for week ended Nov. 24 revealed wheat missing low end expectations by over 140,000 MT, while corn and bean sales landed just above their respective low-end estimates.

Drought covers 80% of the U.S., with 74% of U.S. winter wheat area impacted.