Agriculture News
During the week ended April 17, wheat notched net reductions, falling noticeably from the previous week, while soybean sales declined 50% and corn sales down 26%.
Weekly corn and wheat inspections each declined on the week, but exceeded pre-report expectations
Corn, soybeans and wheat are off to a higher start. Livestock futures are higher as well...
Survey finds 75% of bankers support President Trump’s China tariffs.
Corn sales during the week ended April 10 jumped 99% from the previous week, while soybean sales more than tripled.
Weekly corn inspections totaled 1.83 MMT during the week ended April 10, up 215,540 MT from the previous week, while wheat inspections rose 269,373 MT.
Soybeans are mildly firmer with wheat futures under pressure and corn narrowly mixed. Livestock futures are higher to start the week...
Corn ending stocks for 2024-25 were lowered to 1.465 billion bu., notably lower than the average pre-report estimate of 1.510. Soybean ending stocks were pegged at 375 million bu., 4 million bu. below the average pre-report estimate.
Soybean sales during the week ended April 3 totaled 172,300 MT, which were down 58% from the previous week and 63% from the four-week average. Corn and wheat sales also declined on the week.
Weekly wheat inspections led the decline, dropping 166,621 MT during the week ended April 4, followed by corn (down 64,079 MT) and soybeans (down 8,799 MT).