THE OPEN July beans: 1 lower July meal: .10 higher July soyoil: 8 higher Juy corn: 2 1/2 higher July wheat: 2 1/2 lower Prices started the day mixed with higher corn and soyoil prices. Prices remained on the defensive for the soy complex and wheat. Corn prices remained well supported on pullbacks. At 10:00 export inspections were released as follows: beans: 213,047 mt bs. 399,152 mt week ago wheat: 432,919 mt vs. 555,500 mt week ago corn: 1,100,078 mt vs. 1,146,284 mt week ago Inspections were on the low end for beans, and neutral for grains. SOY
The soy complex started the day on a firm note but profit-taking and relaxed price action followed a mix...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
