The market started a little slow, with corn trading lower, while soybeans and SRW were only modestly higher. And why should they act any differently?
The weather is unchanged. There is no fresh news. Flash sales are missing from action. The impact of China’s breakout from lockdown remains a wildcard. Outside markets reflect angst, with stocks down and the dollar back on safety call.
None of that has changed but doldrums in the grain pits didn’t last.
There was solid volume in corn and soybeans during this otherwise movie-binging week. Corn traded solidly higher for a third straight day, and has been higher for five of the past six sessions. Soybeans keep pushing against resistance levels.&n...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
