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“Key takeaways from the Beijing summit are a commitment by both sides to get the Strait of Hormuz open, trying to point to a stable relationship between countries, and renewing import licenses for hundreds of U.S. beef plants,” Total Farm Marketing said. “The previous agreement in which China will buy 25 mmt of beans a year will stay in place, but nothing more.”
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Bloomburg said, “Brazil said its corn ethanol passed a significant regulatory step from the International Maritime Organization, giving the co…
“Yesterday’s WASDE report was bearish for corn with ending stocks for 25/26 increased from last month at 2.142 bln bu. and 26/27 ending stocks…
“In today’s planting progress report, published after the close, spring wheat is 53% planted compared to 63% last year and a five-year average…
According to Bloomberg, “The US House of Representatives passed legislation to allow year-round, nationwide sales of higher-ethanol E15 gasoli…
“Corn futures are trading higher again this morning and is nearing the top of its recent range of $4.85 for July,” Total Farm Marketing said. …
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