We are lower across the board today, led by soybeans, which have been holding up better than corn. Wheat, on the other hand, has been crumbling daily. Rumors suggest that not only did China cancel its Australian wheat purchases last month, but it's now cutting Argentine wheat purchases. It appears China won’t adhere to its World Trade Organization commi…
Heartland Ag Edge
Soybeans Lead Declines Amid Chinese Wheat Cancellations
Soybeans Lead Declines Amid Chinese Wheat Cancellations
Soybeans lead declines as Chinese cancellations of Australian and Argentine wheat purchases pressure markets, despite temporary corn trade optimism and upcoming USDA projections.
Heartland Ag Edge
The Morning Ag Edge delivers expert insights on grains and cattle markets, helping farmers and ag speculators stay ahead. Get timely updates, actionable trends, and the tools you need to thrive in today’s fast-paced agricultural landscape.
The Morning Ag Edge delivers expert insights on grains and cattle markets, helping farmers and ag speculators stay ahead. Get timely updates, actionable trends, and the tools you need to thrive in today’s fast-paced agricultural landscape.Authors
Ruvem Marchook
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