MARKETS

Corn gets rally started after USDA cuts crop ratings this week.

Traders surveyed by Reuters (by Bloomberg for cotton) anticipate USDA will lower its crop estimates for corn, soybeans and cotton from the agency’s initial forecasts in August.

Pre-report estimates signal traders anticipate the expected drop in crop size will lead to reductions in the U.S. corn and soybean ending stocks forecasts for 2019-20 in Thursday’s Supply & Demand Report.

Unexpected U.S. corn crop ratings lead markets higher.

Mnuchin notes some agenda items for U.S./China talks | NFU punts on USMCA

Wheat leads rally on South Hemisphere Weather Concerns

Soybeans shipments to China slow.

Doane economists provide a visual update on short-term, intermediate and long-term trends for commodity and key outside markets.

Grain and soybean futures are favoring the downside in quiet trade to start the week.

No freeze threat allows prices to retreat.