Early overnight gains have flipped into AM losses with corn/beans off 2-4c
Crude oil trades red by $.05/barrel with the U.S. dollar green by 230 points
Chinese President Xi/U.S. President Trump talked via phone Thursday, agreeing to start a new round of talks ASAP
CN25 has labored on rally attempts all week w/$4.30-4.50 the defined short-term range
SN25 was +24.25c vs. Monday's low with $10.50+ Cash on the table in processor country
France AgriMer cut their French soft wheat rating from 70% to 69% GD/EX as of June 2nd
SovEcon raised Ukraine's corn production forecast by 1.5 MT to 28.3 MT; Wheat crop elevated to 22.6 MT
Buenos Aires Grains Exchange pegs Argentine bean harvest @ 89% complete w/yields exceeding expectations; Corn 44% harvested
U.S. ethanol exports saw a record Sept-April timeframe, +18% vs. year-ago record w/DDG exports record Sept-April
U.S. soyoil exports hit a 15-year high for Jan-Apr 2025 shipments; Soymeal exports record Oct-Apr window and +5% YoY
Marketing year to date corn export sales total 2.564 bil bu or +27% vs. prior year pace; Bean export sales @ 1.788 bb or +12% vs. prior year pace
DTN fertilizer trends showed avg. retail prices for 7 of the 8 major fertilizers mostly higher for the 4th week of May DTN Article