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Assessments of Chinese leader Xi Jinping begin following Party Congress
Corn and wheat traded lower overnight on followthrough selling, while soybeans faced two-sided trade.
Grain, soybean futures end lower on pressure from accelerating harvest, concern over demand and China.
Beef stocks increased less than normal during September, though inventories were record-large for the month. Pork stocks declined contra-seasonally last month.
Weekly export inspections for week ended Oct. 20 revealed another week of sizable soybean inspections, at nearly 3 MMT, while wheat fell short of the expected range of 200,000-500,000 MT, and corn was as expected.
Corn, soybeans and wheat futures open the week under pressure. Cattle futures are mildly firmer and lean hog futures are under corrective selling pressure.
Grain, soybean futures lower as U.S. dollar strengthens, crude oil drops.
CFTC launches new Commitments of Traders reports | U.S. slams Russia over ‘dirty bomb’ claims
Grain and soy futures faced pressure from weak outside markets overnight.
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