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Chicago SRW wheat futures have fallen for the third consecutive week, while soybean futures have remained relatively stable.
Weekly Overview - Price Changes This Week: Over the past week, CBOT agricultural commodity prices have fallen. Wheat prices have fallen due to improved HRW crop prospects, while corn and soybean prices have remained relatively stable.
U.S. Corn Export Sales Beat Forecasts
Export sales of U.S. corn rose just above the high-end of analyst predictions for the week as soybean export sales again fell on the low side.
Huatai Securities: New soybean supply and demand easing, global corn production may be reduced
The USDA slightly lowered the forecast for Brazilian soybean production by 1 million tons due to the severe flooding in southern Brazil. The impact is still ongoing, and continuous follow-up is required.
US Sees Tighter Grain Supplies, Sending Prices Higher
Global grain supplies will be tighter in the coming season, setting the stage for higher prices for agricultural commodities as economies are still coping with stubborn inflation, according to a key US forecast.
U.S. Grain Export Sales Fall Within Estimates
U.S. grain export sales reported by the Department of Agriculture fell within the estimates of analysts surveyed by The Wall Street Journal this week.
Canadian Stocks of Wheat Fall, Canola Rise
OTTAWA--Canadian stocks of wheat are down sharply on last year, while canola stocks have risen with a sharp fall in exports.