Pro Farmer
The U.S. Climate Prediction Center forecasts the weather pattern to persist for the next month or two, which is ideal for soybean reproductive stages, but the transition might impact the tail-end of the region’s growing season.
The southeast U.S. saw improvements, while parts of the lower Plains saw drought intensify slightly.
Consecutive days of Chinese purchases reported
Old Man Winter keeps a tight grip on Plains, Midwest
Divided Fed delivers rate cut, but signals move to the sidelines
Hogs also saw strength in carcass and cutout values
Trade did not expect a change in corn stocks, but USDA surprised with a big increase to exports from already record levels.
