Agriculture News
Josh Linville, Director of Fertilizer at StoneX surveys the current situation and looks out to the coming months
Corn and soybean basis remains well below average despite weak cash prices.
The November elections won’t play role in monetary policy moves or timing.
Soybeans firm overnight, buying limited in corn and wheat
All three crops remain rated much better than last year at this time.
Wheat inspections led the weekly increase, rising 168,623 MT, while soybean inspections exceeded pre-report estimates. Corn inspections were just short of topping analysts’ pre-report range.
Soybeans are facing heavy followthrough selling to open the week.
Active followthrough selling in soybeans overnight.
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