A leading news and marketing organization, Pro Farmer provides respected, unbiased news, analysis and advice to farmers and agribusiness leaders. Focusing on the corn, soybean, wheat, cotton, cattle and hog markets, Pro Farmer’s cut-to-the-chase reporting shares the vital information needed to make profitable marketing decisions. Pro Farmer Members receive the weekly Pro Farmer Newsletter and other services such as: mobile advice alerts, special reports, daily market recaps, access to the editors and more.
Pro Farmer Editors
Cotton futures surged higher to start the week.
Corn futures ended the day fractionally higher.
Soybean futures faced some technically inspired selling.
Wheat futures posted weekly gains, with spring wheat the upside price leader.
We discuss USDA's November crop report surprises as well as update several policy topics.
Corn futures posted bearish reversals, fresh contract lows in the nearby contracts and low-range closes.
Its corn yield and crop estimates were both well above the top end of pre-report trade estimates.