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Soybeans saw an impressive push higher going into the break this morning despite ongoing bearish fundamentals.
Yesterday, farmers from across the country sent a letter urging USDA to release funding for the Sustainable Agriculture Research and Education (SARE) program. Normally announced in March, this year’s call for proposals wasn’t issued until September 11, leaving host institutions little time to process applications before the fiscal year ends.
Soybeans slumping amid sickly meal market
Soybeans continue to undergo selling as China buys Argentine soy
China has turned to Argentina for soybean supplies, booking at least 10 large shipments—and possibly more—after Argentina temporarily removed export taxes on grains yesterday.
Stormy weather continues in the Midwest, Plains
Corn fell 1.7 points on the CCI, while soy fell just 1.2 from last week
Davis, Hillari and Spencer discuss the impressive pace of wheat exports and China’s continued absence from the U.S. soy market.
Wheat inspections outpaced pre-report expectations ranging from 300,000 to 500,000 MT.
On Friday, the Trump administration announced cancellation of USDA’s annual Household Food Security Report, which has tracked hunger in the U.S. for decades. The move comes just months after President Trump signed legislation reducing food assistance programs.
Corn, soybeans and wheat are lower at the start of daytime trade with livestock futures slightly to sharply higher...
Corn, soybeans and wheat each fell under persistent selling pressure overnight, led by weakness in the soybean complex.
Wheat bulls need to “eat their Wheaties”
Nearly all the continental U.S. is expected to be hotter than average this fall
With key commodity purchases well below past averages, lawmakers have introduced House and Senate bills to transfer the former USAID program from the State Department to USDA.
Corn and soybeans saw technical buying overnight while wheat saw relative weakness.
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