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Beyond inventory numbers, placements and heifer retention data will set the tone for feeder futures.
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Corn saw a continuation of yesterday’s strength, a close higher is necessary to confirm a near-term reversal
Most areas saw drought improve, with the Delta being a notable exception
Corn, soybeans tick higher overnight while oil futures see renewed gains on fears of U.S.-Iran re-escalation
New aggregated report covering five states launches Oct. 26 to circumvent confidentiality filters, but analysts warn structural price-discovery challenges persist.
Corn, soybeans and wheat each slid to fresh for-the-move lows overnight, with selling efforts peaking into the break.