Agriculture News
CCI ratings are still 29.7 points (8.8%) above year-ago for corn and 26.1 points (7.8%) above for soybeans.
Grain futures are expected to open lower, led by soybeans.
Corn sales during the week ended Sept. 26 exceeded pre-report estimates by nearly 700,000 MT, while wheat sales were also stronger than expected. Soybean sales were also solid at 1.44 MMT.
Corn, soybeans and the winter wheat markets favored the downside during overnight trade.
Soybean basis firmed despite an increase in cash price.
Corn and wheat are expected to open higher, soybeans lower.
Corn and wheat futures firmed amid followthrough buying overnight. Soybeans traded higher at points overnight but are weaker early this morning.
Declining income expectations helped to push farmer sentiment down again in September.
Soybeans and corn expected to open lower, wheat firmer.
Wheat firmer, corn choppy and beans weaker early this morning.
The CCI ratings ae 25.3 points (7.4%) above year-ago for corn and 23.4 points (6.9%) higher for soybeans.