Corn and wheat futures traded higher most of today’s session as the soy complex continued to struggle. Better harvest weather in Argentina coupled with more unwinding of soybean/wheat and soybean/corn spreads as well as outright profit taking kept pressure on soybean futures. General Comments Markets were lower overnight with the soy complex leading the weakness. Corn and wheat futures then traded higher most of today’s session as the soy complex continued to struggle. Better harvest weather in Argentina coupled with more unwinding of soybean/wheat and soybean/corn spreads as well as outright profit taking kept pressure on soybean futures.There was also no help from the outside market on Friday the 13th. Crude oil was lower, and the U.S...
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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...