Buying in the soy complex accelerated at this morning's opening and eventually took soybean futures more than 30 higher. That strength eventually spilled over into both the corn and wheat markets, driven by several factors. General Comments Markets opened Sunday evening with some follow-through buying in soybeans, which continued throughout the night on pretty good volume. Corn and wheat markets were steady. Buying in the soy complex accelerated at this morning's opening and eventually took soybean futures more than 30 higher. That strength eventually spilled over into both the corn and wheat markets. Here are some of the issues that drove today's markets:
The August weather forecast across the Corn Belt is for above-normal temperature...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
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