CBOT trading was relatively subdued today with little new fundamental information coming forth, except the usual cadre of weather forecasts. Wheat futures moved higher on the back of less-than-ideal weather forecasts for the U.S. and abroad, while soybean and corn futures moved higher on general “cheap grain” and trade-agreement buying interest. Wall Street is higher as of this writing with the Dow reaching a new intraday high after Fed Chairman Powell said he did not see evidence that U.S. equities have become overheated. That point has been questioned recently as the U.S. stock markets have rallied precipitously while equities in other areas of the world have languished.
U.S. bond prices are higher as investors...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
