Search - Pro Farmer

Corn, soybean export sales above expectations

Wheat futures gapped lower overnight after limit-down closes on Wednesday and sharply extended losses. But wheat filled the gaps and is trading higher this morning, as are corn and soybeans.

Cash wheat prices surge from the previous week.

Wheat basis plunged over the past week amid the surge in futures.

Winter wheat plunges 85-cent limit as USDA unexpectedly boosts supply projections; corn, soybeans also lower.

USDA reflected no expected increase in U.S. wheat exports, despite the Russia/Ukraine conflict. U.S. corn exports were increased to reflect fewer anticipated shipments from Ukraine.

U.S. bean and corn carryout stocks decreased, wheat increased

Wheat futures drop sharply for second day as trade watches Russia-Ukraine; soybeans higher ahead of USDA report.

USDA will not likely change much in its S&D report tomorrow, Russia says it is mulling retaliation on the West for economic sanctions and Boozman asks for more time on CRP decisions...