Corn and soybean markets found small measures of support in the Sunday night session, while wheat was mostly steady. Volume was good overnight, especially in corn. Last Friday’s USDA numbers were simply bearish for the corn market and neutral to slightly positive for wheat and soybeans. Most of the grain-related news this morning was again about China, including the following:
China’s Purchasing Managers’ Index (PMI) came in better than expected. There was chatter that a China trade deal is 90 percent done. The next trade delegation from China will be in Washington this Wednesday. USDA announced the sale of 828,000 MT of soybeans to China.
The other news is that funds continued to build their short positions in c...
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...
