After the Bell | October 16, 2023
Huge soybean inspections, record September NOPA crush and fading soyoil stocks pulled the soy complex higher, while corn and wheat futures succumbed to mild pressure.
Soybean export inspections during week ended Oct. 12 rose over 600,000 MT from the previous week, notably exceeding pre-report estimates. Meanwhile, corn inspections fell short of the expected range.
Corn futures are lower with soybeans firmer and wheat mixed to start the week. Cattle futures are mildly firmer and lean hog futures are choppy with seller interest limited...
