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Biden, Vilsack to Illinois farm today to discuss food prices, efforts to boost production

Corn, soybean and wheat futures built on Tuesday’s gains overnight amid supportive outside markets.

Corn, soybean futures end firmer as planting progress falls short of expectations; wheat also higher.

USDA’s May 12 Supply & Demand Report will be the first official release of balance sheets for 2022-23, along with usage adjustments for the old-crop marketing year.

Inflated anxiety about inflation has Biden taking Vilsack to Illinois farm on Wednesday

Corn, soybean futures expected firmer after planting progress falls short; wheat also firmer.

Corn, soybean and SRW wheat futures recouped a portion of Monday’s losses overnight. HRW and HRS futures firmed more than they lost yesterday.

Recent rains spurred mild improvement in HRW ratings; SRW ratings declined.

Corn futures sink to four-week lows, soybeans to five-week lows on improved planting outlook; wheat also lower.