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Grain and soy futures are expected to open daytime trade with a firmer tone as traders focus on weather and geopolitics.

USDA reported net soymeal sales of 272,500 MT for week ended July 13, which exceeded top-end pre-report estimates. Meanwhile, net wheat sales fell short of trade expectations.

Dump of amendments on FY 2024 Ag appropriations bill signals trouble ahead for farm bill

Corn, soybeans and wheat traded on both sides of unchanged during the overnight session.

Big weekly jump in cash corn prices.

Cash hog and pork product prices continue to climb seasonally.

After the Bell | July 19, 2023

Farm bill update | Gore on climate change | U.S./Taiwan trade deal | Court rules on SREs

Grain and soy futures are expected to open sharply higher amid uncertainties with the Black Sea grain supply and weather concerns.