Evening Report | July 5, 2022
USDA corn, soybean ratings decline more than expected, Canadian wheat acres exceed forecast, Australia issues La Niña watch
The soybean CCI rating dropped below the five-year average for the first time this growing season.
Corn futures extend slump, hit five-month lows on Midwest rain; soybeans and wheat also plummet.
Livestock Analysis | July 5, 2022
Cattle futures slump amid broader commodity market slump driven by recession worries, hogs mixed.
Crops Analysis | July 5, 2022
Corn futures nosedive continues, hit five-month lows on Midwest rain; soybeans and wheat also plummet.
Market Snapshot | July 5, 2022
Corn , soybean futures plunge to lowest levels in over five months on weekend rains; wheat also down sharply.
Corn, soybean and wheat export inspections all fell short of expectations and below the required paces to hit USDA's export forecasts.
Grain and soy complex futures are under hefty pressure. Cattle futures are higher with lean hogs mixed to start the week...
Germany posts first trade deficit since 1991