Soybean futures surged on continued support from the two factors that have fueled recent strong gains – South American weather/crop concerns and strong fund buying.
China and Russia outlined a vision of international relations anchored in their potential to reinforce each other in disputes with the U.S. and its allies. . .
All regions of Russia can ship wheat and barley to China. China previously restricted shipments from some regions of Russia due to phytosanitary concerns.
In the next 15 days, rainfall amounts will either make or break Argentina’s soybean crop, according to a weather report from the Rosario Grain Exchange.
SRW wheat futures fell for the first week in the past 3 and charts strongly suggest prices may have established a near-term peak, but the market has demonstrated a capacity to generate renewed buying interest. . .
The initial hearing in the process to write a new farm bill took place Wednesday, with the House Agriculture Conservation and Forestry Subcommittee examining current conservation programs.
