There was an early rally this morning for corn and soybeans to new weekly highs, while wheat peaked overnight yesterday, nearly matched that level during the day, and then gave up its gains. It’s midweek, and with Monday’s holiday, today is essentially "Turnaround Tuesday" on a Wednesday. Early-week strength often fades midweek, with any potential rebou…
Wheat Peaks Overnight, Soybeans Face Tax Impact
Early week saw corn and soybeans rally to weekly highs; wheat peaked overnight and retreated. Market under midweek pressure; soybean strength faded due to minor Brazilian tax impact.
Feb 19, 2025
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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
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