News
After the Bell | October 10, 2023 Geopolitical unrest and tepid demand continue to hover over grains, while traders begin to anticipate USDA’s October crop data on Thursday.
Corn, soybeans and wheat each favored the upside overnight though went into the break off session highs.
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
Access this week’s newsletter here.
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.