Markets were mixed overnight and again today. The night session ended with wheat up 9-11 cents, corn steady to a half-cent higher and soybeans down 5 cents. There was none of yesterday’s excitement in the soy complex today. It seems the trade settled back to thinking it might still take a minor miracle to reach a fast agreement with China. There was another bullish wheat story overnight about Russia considering a limit on wheat exports, and that got the wheat markets juiced again today. The Pro Farm corn and soybean crop tour takes place next week, and it will provide some trading grist for the market as attempts will be made to use its yield reports to gauge participants’ views of last week’s USDA yield estimates. U.S...
Accountability and a comprehensive approach to export programming
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Markets are caught between reasons to keep selling and reasons to take another look. Fund liquidation and renewed peace talks are pressuring grains, while fresh export business and some diesel relief offer encouragement. Corn recovered nearly 10 cents from its low to finish higher, while soybea...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...