Agriculture News
Corn, soybeans and wheat are off to a higher start. Livestock futures are higher as well...
Short-term trends are sideways or up for most ag markets.
Japan, Taiwan and others are in talks to negotiate trade deals with U.S.
Placements and Markets both came in a bit higher than the average pre-report estimates.
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Aside from HRW, wheat prices were steady/higher.
Survey finds 75% of bankers support President Trump’s China tariffs.
Corn sales during the week ended April 10 jumped 99% from the previous week, while soybean sales more than tripled.
Corn, soybeans and wheat held in relatively tight ranges during a lightly traded overnight session.
Key trade talks with Japan ahead; Pakistan offers more soybean and cotton purchases.
Basis weakened for HRW wheat.
U.S. considering new trade proposals, many countries negotiating.
Ratings for both crops remain well below year-ago.
Weekly corn inspections totaled 1.83 MMT during the week ended April 10, up 215,540 MT from the previous week, while wheat inspections rose 269,373 MT.
Broader market focus on ever-shifting tariff news keeps risk aversion elevated
Soybeans are mildly firmer with wheat futures under pressure and corn narrowly mixed. Livestock futures are higher to start the week...
Short-term trend turns more positive for most grain and soy futures.
Corn, soybeans and wheat faced pressure in most contracts during the overnight session.
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Corn, soybeans and wheat traded on both sides of unchanged overnight but are higher and near their session highs this morning, despite the escalating U.S./China tariffs war.