HIGHLIGHTSTurning On the Faucet: A wetter outlook for the U.S. Corn Belt through July was the main source of price pressure today. Over the past 24 hours, rainfall has favored the Dakotas and Northern Nebraska, says Matt Zeller of StoneX in a note. Corn futures have been taking the brunt of selling, falling nearly 15% in the past week. AHEAD--The USDA will release its weekly export sales report at 8:30 a.m. --The USDA will put out its annual acreage report, along with its grain stocks report at noon ET Friday.

Source: Wall Street Journal June 29, 2023 07:56 UTC