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China mulls new stimulus, higher deficit | IMF forecasts | Ukraine farmland abandonment
Corn and soybeans favored the downside overnight but saw limited ranges in continuation of Monday’s selling pressure. Wheat saw sharp losses a price broke down technically.
Corn and soybeans extended Monday’s losses during overnight trade, while wheat more than wiped out yesterday’s gains.
After the Bell | October 9, 2023 The wheat complex notched short-covering gains, while corn and soybean strength from heightened geopolitical tensions eased as the day progressed.
U.S. congressional delegation in Beijing meets with Xi | Senior spending | OPEC raises forecasts for global oil demand
Corn, soybeans and wheat followed crude oil higher overnight, cattle futures are choppy with lean hogs under seasonal pressure...
Corn, soybeans and wheat each favored the upside overnight though went into the break off session highs.
Short-term trend turns bearish for Feeder cattle.
Corn, soybeans and wheat firmed overnight on support from crude oil as it responded to a major geopolitical shock over the weekend when Hamas raided Israel.
USDA reports Thursday | Inflation reports Wed. & Thurs. | IMF forecasts Tuesday
After the Bell | October 6, 2023
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Turkish flagged ship hits mine, Argentina needs rain and the U.N. Global food price softens slightly...
Reference price increase debate | Gas prices tumble | Exxon seeking acquisition of Pioneer
Grains saw limited volatility overnight following Thursday’s surge, as corn, soybeans and wheat each traded on both sides of unchanged.
Corn, soybeans and wheat spent time on both sides of unchanged while holding in tight trading ranges overnight.
After the Bell | October 5, 2023 A wheat rally led the grain complex higher after a cargo ship reportedly hit a sea mine outside the entrance of the Sulina Canal, while corrective gains in meal futures lifted soybeans.
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Biden admin. building wall on southern border | USDA asked to survey Hawaii fire impacts
Corn and soybeans saw fresh selling overnight, while wheat saw limited corrective buying, though went into the break off session highs.
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