Optimism in US Hide Market Following USDA Export Report
Hide trading was minimal with no trades reported today. A few market players reported a more optimistic sentiment in...
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Corn and Wheat Export Inspections Increase, Soybeans Drop
DDGS prices have dropped in the Minnesota/Dakotas, Channahon, IL, Illinois, and Iowa markets on Monday. Market participants mentioned that prices are under downward pressure due to the falling corn market, leading to decreases in spot offers and bids.
CME grain prices shifted higher across the board on Monday. March soymeal increased by $2.90/st and closed at $334.40/st. March soybeans increased by $0.03 and settled at $11.36/bu. Furthermore, March corn futures rose $0.0725 to $4.07/bu, and March wheat increased by $0.0375 to $5.77/bu. Following...
