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After the Bell | October 12, 2023 The grain and soy complexes rallied amid more bullish-than-expected data in USDA’s Production and Supply and Demand Reports.
After the Bell | October 11, 2023 Corn futures grabbed mild gains despite a general risk-off tone amid increasing geopolitical uncertainty.
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Corn, soybeans and wheat each favored the downside overnight, with wheat going into the break on session lows. Price action in grains is likely to be largely driven by positioning ahead of Thursday’s USDA reports.
Corn, soybeans and wheat held in tight trading ranges during a quiet two-sided overnight session.
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.
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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.