Markets traded lower much of today’s session. It seemed at times that they could make a significant move lower, but that sharper break just never happened. General Comments Markets were mixed overnight with corn and wheat futures generally slightly lower. Soybean futures were as much as 5-6 higher early in the evening and 5-6 lower later. Markets traded lower much of today’s session. It seemed at times that they could make a significant move lower, but that sharper break just never happened. Weekly export inspections were again larger than expected for corn and just so-so for wheat as well as soybeans. USDA announced the sales of 128,000 MT of corn to South Korea this morning. Informa released its latest acreage ideas at mid-morning, but...
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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...