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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 10,300 tons, and Colombia bought 8,300 tons. The total would’ve been higher but China canceled car...

Nervous North American farmers set to 'seed in faith' into parched soils Reuters 1 hr ago © Reuters/ANDREW CULLEN FILE PHOTO: Hay bales rest in a field in Killdeer, North Dakota By Rod Nickel and Julie Ingwersen WINNIPEG, Manitoba/CHICAGO (Reuters) - Fields across the Canadian Prairies and the U.S. Northern Plains are among the driest on record, raising production risks in one of the world's key growing regions for canola and spring wheat. As planting season begins, the dusty soils generate fears that seeds will fail to germinate or yield smaller crops in a year when demand for canola ...

Soybeans suffer heavy losses.

2. Ethanol Production Drops to Lowest in More Than Nine Months Ethanol output last week plunged to the lowest level in more than nine months and inventories hit a two-month low, according to the Energy Information Administration. Production of the biofuel dropped to an average of 658,000 barrels a day in the week that ended on Feb. 19, the EIA said in a report. That’s down from 911,000 barrels a day, on average, the previous week and the smallest output since the seven days that ended on May 8, the agency said. The declines were geographically broad-based as every region saw declines. ...

Soybean futures and corn futures were higher overnight on Brazil harvest woes while wheat futures declined.