News
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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Corn chopped around unchanged overnight while soybeans favored the upside though went into the break well off session highs. Wheat favored the downside as rumors circulated that Russia may rejoin the Black Sea grain deal
Soybean futures firmed amid corrective buying overnight, while wheat declined and corn chopped around unchanged.
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Corn and soybeans favored the downside overnight, though wheat futures saw continued strength.