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Hurricane Ian expected to intensify, stopgap funding measure hits snag and shipments continue to leave the Black Sea...
Grain, soybean futures higher overnight in corrective recovery; USDA harvest progress slower than expected.
Corrective buying was seen in the grain and soy complex overnight as the U.S. dollar pulled back and crude oil firmed.
Corn futures drop near four-week low, soybeans near three-week low as surging dollar, recession worries pressure commodities.
CCI ratings have dropped 11 consecutive weeks for corn and eight straight for soybeans.
Weekly grain inspected for export through Sept. 22, proved dismal as corn and soybean inspections were reported below expectations, while wheat inspections were notably lower for the week but within the expected range.