Grains Drop News Today

Soybean futures, corn futures and wheat futures were all lower in overnight trading.

2. Winter Wheat Yield Projections Lofty in Northwestern Kansas Winter wheat yields in northwestern Kansas are looking better than expected, though there’s evidence that the fungal disease stripe rust is prevalent in some fields, according to results for the first day of the Wheat Quality Council’s annual Kansas Wheat Tour. After more than 170 stops, participants estimated yield at 59.2 bushels an acre, reportedly a multiyear high. Those on the tour faced intermittent rainfall throughout ...

2. Export Sales of Beans and Wheat Fall While Corn Sales Rise Export sales of soybeans and wheat dropped week-to-week while corn sales improved, according to the USDA. Soybean sales in the seven days that ended on April 15 were reported at only 64,300 metric tons, the agency said. That’s down 29% from the previous week but up 25% from the prior four-week average. Japan was the big buyer at 58,200 metric tons, Bangladesh took 55,000 tons, Indonesia purchased 14,800 tons, Canada was in for 1...