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feed-grains soy-oilseeds wheat

Market Commentary: Wheat Falls as U.S. Dollar Rises; Soy Complex in Red Ahead of NOPA Report; U.S. to Build Grain Silos in Poland

The CBOT was lower again on Tuesday as fresh economic lockdowns in China and another day of selloffs in macroeconomic markets weighed on ag futures. The soy complex led the way lower with all three legs settling in the red amid fears of waning demand as China combats rising COVID-19 cases with new travel and economic restrictions. Wheat futures were lower as the U.S. harvest picks up speed and the U.S. dollar hit a 20-year high for the day. Corn survived the day’s selling the best of any major ag market and settled with 1-cent or smaller losses as late-day strength pulled the market off the day’s lows. While the long-term U.S. weather forecast remains concerning, strong numbers in Monday’s Crop Progress report and a mostly...

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livestock

Livestock Roundup: HPAI Developments

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