Price action in overnight trading of CME grain and soy contracts was mixed with minor changes. USDA’s weekly export sales report was the main fundamentally-related factor for grain and soy markets to ponder today, led by strong corn sales. General Comments USDA’s weekly export sales report was the main fundamentally-related factor for grain and soy markets to ponder today, led by strong corn sales. Last week’s export corn sales for 2015/16 reached a crop year high of 2.1606 MMT along with 2016/17 sales of 440,000 MT. The latter added about 20 percent to the previous total of new crop corn sales. Soybean sales were modest at 226,000 MT for 2015/16 but more impressive at 720,400 MT for 2016/17. Old crop soymeal sales of 209,600 MT were good...
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...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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