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Soybean inspections were also quite light, though that has been the trend in recent months. Wheat inspections were solid, thanks in large part to more of the grain shipping out of the Pacific Northwest.

Corn, wheat and soybean markets are under pressure to start the week. Livestock futures are also favoring a softer tone.

House Ways and Means Committee summary

Ahead of the Open | September 13, 2021 Grain, soybean futures expected weaker after USDA raises harvest forecasts.

Fuel prices surge in Europe | Big sorghum acreage boost | Debt limit pressure

Tropical storm headed for Texas, Typhoon to disrupt shipments out of key Chinese ports. Russian wheat export prices continue to climb. Four-page document includes details of $3.5 trillion reconciliation package

Top corporate tax rate rises to 26.5% from 21% | Cuts some estate-tax discounts, no effect on family farms and businesses

Focus Tuesday on House Ways and Means’ tax policy instructions

Cash corn prices drop sharply.

Davis Michaelsen and Editor Brian Grete discuss this week’s market action...