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Crop insurance | CRP | Rate hikes ahead | Food stamps/TFP | Price of eggs exceeds ground beef

Corn, soybeans and wheat traded in relatively narrow ranges during two-sided overnight price action.

Creighton University’s Monthly Index notes declines in economic indicators.

After the Bell | February 16, 2023

Next CBO forecasts likely used for farm bill scoring | Vilsack tapping of CCC impacting funding for Title 1 in new farm bill

Brazilian bean crop estimate cut, USDA outlays for ag in the next 10 years up 65% from previous and Emmanuel calls out China’s balloon incursion...

Areas expected to see both above-normal temps and below-normal precip have been reduced from previous forecasts.

Net corn sales for week ended Feb. 9 were down 12% from the previous week, but up 15% from the prior 4-week average, while Wheat and soybean sales were down 32% and 35% from their respective 4-week averages.

Corn and soybeans are expected to open mildly weaker, while wheat is likely to see a mixed tone.