Grain futures rally with wheat, corn, and soybeans up. Strong export sales, including a large soybean sale to China, boost prices. Mixed results in other commodities.
Grain futures rally with wheat, corn, and soybeans up. Strong export sales, including a large soybean sale to China, boost prices. Mixed results in other commodities.
Grain futures hit winter lows; Kansas wheat has a rare premium due to low supplies. Livestock impacted by weather. Feeder cattle prices up over 10%. Gold recovers, Bitcoin slides, crude oil sees draw.
Grain futures, including wheat, corn, and soybeans, retreat from yesterday's gains. Wheat initially rallied, impacted by rumors of Ukrainian wheat bids.
Grain futures wavered on Argentina's dryness, soybeans rose briefly. Strong US dollar impacted markets. Livestock gained, but box beef faces decline. Metals, gold, Bitcoin, and oil prices fell. Federal Reserve maintains rates.
USDA's crop report led to negative grain prices. Record corn yield at 177.3 bushels/acre. Total carry-out numbers for corn and soybeans drove prices lower. Livestock market influenced by high corn costs. Metal markets see higher gold and silver prices.
Tomorrow's crop report may not bring significant changes in yields, but adjustments in ethanol usage and soybean stocks are possible. Acreage data for winter wheat is crucial, with some expecting a decrease.
Grain futures, notably wheat, staged a turnaround on Tuesday, while corn and soybeans hit new seasonal lows, with the soybean market benefitting from unexpectedly large November exports, anticipating potential USDA stock reductions
Grain futures had a lower start due to a firming US dollar, coupled with a decline in crude oil prices as Saudi Arabia reduced rates to Asia, impacting corn, soybeans, and wheat markets.
Cattle futures initially rise due to anticipated bad weather in the Midwest, prompting some early selling ahead of storms and resulting in a drop; slipping cash trade in Nebraska contributes to the decline as producers opt for lower prices to avoid potential losses.
Agricultural markets exhibit diverse trends, including wheat's rebound on winter kill fears and export challenges, corn's uptick possibly tied to shipping costs, soybean pressure amid dry weather, cattle futures consolidation with mixed box beef prices.
