Agriculture News
Corn sales during the week ended Jan. 16 rose 62% from the previous week, while soybean sales were more than double. Meanwhile, wheat sales slid 68%, missing pre-report expectations.
Short-term trend now bullish for most grain and soy markets.
Corn, soybeans and wheat traded higher overnight coming out of the extended holiday weekend.
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Corn and soybeans posted mild gains overnight, while wheat had a varied tone.
One in Five Grain Farmers Expected to Experience 2025 Negative Cash Flow
Drought removal or no drought is expected over SRW wheat areas and the PNW.
Corn sales during the week ended Jan. 9 totaled 1.02 MMT, while exports notched a marketing-year high. Wheat sales topped expectations by more than 100,000 MT.
Grain markets traded lower overnight, led by double-digit losses in soybeans.
Cash corn and soybean prices rose sharply over the past week.