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Corn sees post-WASDE gain, with soybeans, wheat down

Soybeans were lower on fund and technical selling. The lone change for carryout projections was that new crop U.S. ending stocks were up on the month following a reduction in the old crop crush. That pushed 2023/24 U.S. ending stocks to 350 million... Read More.

Soybeans gain ground with corn, wheat mixed

Soybeans were higher on commercial and technical buying. CONAB lowered its crop guess for Brazil to 146.859 million tons, below the USDA’s last estimate of 155 million and much closer to, but still above, many private estimates. Brazil’s harvest is over the halfway... Read More.

Corn ekes out a gain while wheat hits new lows

Soybeans were modestly lower on fund and technical selling. Weather continues to look mostly favorable in South America, with rain in the near-term forecast for many areas. The USDA’s new estimates for South American soybean production are out Friday, with CONAB’s updated outlook... Read More.

Soybeans rally, see weekly gain

Soybeans were higher on commercial and technical buying, pulling the most active months to a weekly gain. It was an up and down day, with beans eventually able to sustain a bounce off the recent lows while continuing to watch conditions in South... Read More.

Cattle futures gain ahead of direct business, on feed report

Chicago Mercantile Exchange live and feeder cattle were sharply higher ahead of widespread direct business and the USDA’s Cattle on Feed report. February live was up $1.72 at $174.82 and April was $2.02 higher at $177.65. Direct cash cattle markets were generally quiet. A... Read More.