Agriculture News
USDA trimmed both corn and soy acres from its March estimate, while stocks were slightly higher than expected for corn, soybeans and wheat.
Wheat inspections during the week ended June 26 rose 179,657 MT from the previous week, while corn and soybean inspections each declined.
Corn futures are weaker with soybeans higher and wheat futures choppy. Livestock futures open the week under pressure...
Each notched weekly declines, though soybean sales were up notably from the four-week average, while corn sales dipped modestly.
Corn inspections led the decline for the week ended June 10, down 218,867 MT from the previous week, followed by wheat (208,660 MT) and soybeans (30,551 MT).
Corn, soybeans and wheat are under pressure to start the week. Livestock futures are mildly higher this morning...
June Rural Mainstreet Index moves above growth neutral.
Soybean sales rose noticeably during the week ended June 12, surpassing pre-report estimates. Corn sales rose 14% from the previous week.
Corn inspections totaled 1.67 MMT during the week ended June 12, down slightly from the previous week but landed just short of the upper end of the pre-report range.
Soybean futures are higher with corn and wheat futures under light pressure. Livestock futures are higher to start the week...