14h ago
Soybean Crush Falls to 13-Month Low of 196.3 Million Bushels
U.S. soybean processors crushed 196.3 million bushels in September, a 13-month low that came in below both the 197.9 million bushels of a year earlier and the 205 million bushels traders had expected, according to the National Oilseed Processors Association. Ethanol production averaged 1.065 million barrels a day, the highest in a month. Grain futures fell broadly, with soybean, corn and wheat front-month contracts all lower. Frost is forecast in Iowa, Wisconsin and Minnesota.
14h ago
9-22
Wheat Futures Slide as Russia Shifts Grain Exports to Baltic and Arctic Ports
Russia is moving to develop alternative grain export routes via Baltic terminals such as Ultramar, which can handle 37 million tons, and through the Murmansk port, which is expected to begin loading grain next month. The developments weighed on wheat futures overnight. Weekly U.S. export inspections for corn and soybeans rose from the prior week, while the spring wheat harvest is nearly complete.
9-22