Wheat Futures Decline on Technical Selloff -- Daily Grains Highlights - News Summed Up

Wheat Futures Decline on Technical Selloff -- Daily Grains Highlights


Flash Sale: Soybeans saw some follow-on selling from Thursday's drop on disappointing export sales and concerns about a cheaper Brazilian crop. INSIGHTWay Down South: The Buenos Aires grains exchange raised its estimate for the current corn crop by 1.5 million metric tons to 56.5 million tons and for soy by 2.5 million to 52.5 million tons. It said the wheat harvest came in at 15.1 million tons. AHEAD--The USDA will release its weekly grains export inspections report at 11 a.m. --The USDA will release its weekly export sales report at 8:30 a.m.


Source: Wall Street Journal January 27, 2024 09:29 UTC



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