Wednesday, June 19, 2019 1:29PM CDT
Senators raised concerns about lost market access in China and Japan, while they are also anxious to provide more certainty in the markets with action on the U.S. Mexico Canada Agreement. U.S. Trade Representative Robert Lighthizer said he continues trying to ease concerns of House Democrats on the trade deal.
Wednesday, June 19, 2019 1:27PM CDT
Corn planting was 92% complete and the portion of the crop that had emerged was rated 59% in good-to-excellent condition as of Sunday, June 16, according to this week's USDA NASS Crop Progress report. Soybean planting was 77% complete.
July corn is down 8 1/2 cents, July soybeans are down 3 3/4 cents, and July K.C. wheat is down 10 cents.
Limited interest is likely early Wednesday as traders continue to reposition holdings following the moderate swings in prices over the last few days. Increased demand concerns in hog futures may continue to erode nearby support.