News
15 million Americans have voted early, reflecting post-pandemic shift
Corn and soybeans traded narrowly near unchanged overnight. Wheat saw relative weakness though saw heightened buyer interest into the break.
Corn, soybeans and wheat traded on both sides of unchanged while holding in relatively tight ranges during the overnight session.
Weekly corn and soybean inspections during the week ended Oct. 17 rose solidly from the previous week, each landing near the upper-end of pre-report expectations. Wheat inspections declined over 100,000 MT, missing analysts’ range of expectations.
Grain and soybean futures open the week mildly higher on light corrective buying.
Canada’s tariff exemptions raise hopes for eased canola trade with China | USDA’s new poultry payment rule sent to OMB for review
Corn, soybeans and wheat each favored the upside most of the overnight session, though corn and wheat fell near unchanged into the break.
Short-term trend turns bearish for corn and soybeans.
Corn, soybeans and wheat mildly rebounded overnight from poor closes last Friday.
Tentative Boeing accord | Israel plans leaked | U.S. deficit, debt mount
Access this week’s newsletter here.
Odds improving for several critical farmer support programs
Russia to push for dollar alternatives at upcoming BRICS summit | China growth lowest in 18 months
Corn led strength overnight as both corn and soybeans build on Thursday’s strength. Wheat reversed lower and went into the break near session lows.
Corn sales during the week ended Oct 10, rose 82% from the previous week and noticeably from the four-week average. Soybean sales were also notable at 1.70 MMT, rising 35% on the week.
Corn and soybean futures mildly extended Thursday’s corrective gains during overnight trade, while wheat pivoted around unchanged.