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Spencer Langford, Lane Akre and Bill Watts discuss favorable harvest weather, firm basis and fund positioning in grains, along with what to look out for in this week’s Cattle on Feed Report.
December corn futures are trading lower for the fifth consecutive session.
Grain futures mixed overnight ahead of favorable harvest weather...
Putin floats summit as Trump faces GOP backlash over Russia sanctions waivers
China continues to add to hefty soy purchases.
Traders pare rate-hike bets after Fed’s Warsh stays mum on next move
The southern U.S. saw the most reduction this week
Soybeans hit a fresh for-the-move low overnight before finding some corrective strength.
Dollar retreats from 18-month high as stocks wobble ahead of September PPI, remarks by Fed’s Warsh
Early classing data from USDA shows color grades slipping
China buys several bean cargoes.
Corn, wheat futures drift lower overnight on lack of fresh news; September CPI data on deck
USDA’s good-to-excellent ratings for corn rise unexpectedly after hitting lows of the crop season
A mismatch between USDA and Crop Tour findings is growing bigger
Lower closes across the board after impressive mid-session strength.
Corn futures fell about 5% as USDA raised the national yield. Former USDA chief economist Seth Meyer says the data raises fair questions, but he doesn’t think sampling alone explains the jump.
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