Soybean futures firmed in reaction to the bigger-than-expected cut to the soybean crop, while corn futures were choppy after the smaller-than-expected cut to the corn crop.
Soybean futures ended the day mostly around 4 cents higher, with corn 5 to 8 cents lower and wheat mostly 2 to 3 cents lower.
Your editors break down the figures from USDA's Crop Production and Supply & Demand Reports.
Text highlights from USDA's October WASDE Report project lower wheat ending stocks, slightly lower corn harvested area and slightly lower soybean ending stocks.
Acreage updates were made in several States following a thorough review of all available data.
This story contains key data from this morning's USDA Supply & Demand and Crop Production Report as it compares to pre-report expectations, last month and year-ago levels.
Pro Farmer's Brian Grete and Chip Flory outline the fundamental situation in the livestock markets.
The stay will remain in effect until the court can determine jurisdiction over the many pending lawsuits.
Corn ended 1 to 2 cents higher, with soybeans up 2 to 3 cents and wheat up 2 to 4 cents. Cattle traders are awaiting cash cattle trade and hog traders continue to be impressed by the pork market.
With Rep. Kevin McCarthy (R-Calif.) announcing he does not want the speaker positions, the push is on to get someone who can unify the factious House Republicans -- Rep. Paul Ryan of Wisconsin. But he continues to say he does not want the position.
Overnight grain futures suggested an upward path of least resistance, but the close of the week will show the market's opinion of USDA data.
As of Friday, October 9
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