U.S. Corn, Wheat, Soy and Cotton Futures Climb on Fresh Export Data and Fund Flows
Export flows plus fund positioning steer U.S. farm futures.
Overview
- Futures across corn, soybeans, wheat and cotton advanced Monday, with live cattle rallying and lean hogs ticking higher.
- Corn strengthened after Monday’s export inspections showed 1.644 million metric tons shipped for the week and a marketing‑year total up 30.6% from last year.
- Soybeans rose even as USDA tallied 628,826 metric tons shipped for the week and total sales commitments remain 18% below last year at 92% of USDA’s target.
- Wheat gained after inspections of 365,156 metric tons kept marketing‑year shipments 24.7% under last year, while a Saudi tender awarded 985,000 metric tons offered support.
- Cotton held gains as speculators carried a net long of 34,464 contracts, the largest in nearly two years, according to the latest CFTC data.