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Soybeans drop in corrective pullback ahead of USDA Supply and Demand update, wheat up on sharp drop in Canada stocks.

U.S. trade deficit with China grew 14.5% for 2021 as China short on Phase 1 commitments

As of Dec. 31, Statistics Canada (StatsCan) estimated Canadian stocks of wheat, canola, barley, oats and soybeans were all well below year-ago levels.

Grain, soybean futures seen lower amid corrective pressure as traders look toward USDA report.

Business owners concerned over inflation, CCC funds proposed for $1 billion Climate-Smart Commodities program and Biden threatens to cut European pipeline...

Grain and soybean futures pulled back from Monday’s gains in corrective trade overnight on profit-taking and pressure from outside markets.

Vilsack, USDA provide some details of pilot projects using climate-smart practices

Soybean futures soar to eight-month high on exports, smaller South American crop; corn up sharply, wheat firmer.

All three within trade expectations.

USDA will update its 2021-22 U.S. demand forecasts in the Feb. 9 Supply & Demand Report, though a bigger focus will be changes to the South American crop forecasts.