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After the Bell July 15, 2022

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China’s economic growth slows, French wheat harvest is ahead of schedule and Senator Manchin disapproves of new spending...

Potential CARB changes could impact soy use | China GDP underwhelms

Corn and soybeans are expected to open firmer, with corn getting a boost from a daily sale to China for 2022-23. Wheat is expected to open weaker.

Modest corrective buying was seen in the corn, soybean and wheat markets overnight as traders continued to monitor weather and macroeconomics.

Cash diesel price under $5

Corn, soymeal hold strength into the close, soybeans, soy oil, and wheat end lower.

As of July 12, 69% of the U.S. was experiencing abnormal dryness/drought, according to the U.S. Drought Monitor, down one percentage point from the previous week.