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Daily US grain report: futures mostly up; Midwest weather remains bullish

US grain futures prices were mixed to firmer in overnight trading Thursday (23 May). The corn and wheat futures markets are consolidating late this week, after hitting three-month highs earlier in the week.

23 May 2019

3 minute read

By: Jim Wyckoff

Trump's new plan for subsidising soybean production could see US farmers planting as many soybean acres as they can — Trump's new plan for subsidising soybean production could see US farmers planting as many soybean acres as they can
© Jim Wyckoff

Weather in the US Midwest remains bullish for the grains - limiting corn and soybean seeding progress, with corn and a record slow pace and soybeans not far behind — Weather in the US Midwest remains bullish for the grains - limiting corn and soybean seeding progress, with corn and a record slow pace and soybeans not far behind
© Jim Wyckoff

Jim Wyckoff

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