Tuesday, June 27, 2017 6:47AM CDT
Corn acreage in China will be down this year, but the question is exactly how much? Production estimates range from 7.7 billion bushels to as high as 8.46 billion bushels.
Tuesday, June 27, 2017 6:45AM CDT
Last week, NGFA and others responded to the Surface Transportation Board's request for comments on improving procedures, saying that the nature of the SAC standard the board uses is the single greatest source of delay in processing SAC cases.
December corn was fractionally higher, November soybeans were 2 cents higher, and September Minneapolis (HRS) wheat was 7 cents higher.
Live and feeder contracts are likely to open substantially lower, pressured by residual selling, long liquidation and struggling wholesale prices. Lean hog issues should open on a mixed basis as specs and commercials position ahead of Thursday's June Hogs & Pigs report.