News
As of Oct. 25, 84% of the U.S. was experiencing abnormal dryness/drought, according to the U.S. Drought Monitor, including 74% of winter wheat areas.
Pa. debate shocks some political analysts re: Fetterman’s display for Senate race
Corn and soybean futures found followthrough buying overnight while wheat futures rebounded as markets were supported by the recent sharp pullback in the U.S. dollar.
Soybean futures end higher amid sharp drop in U.S. dollar, easing harvest pressure; corn also higher, wheat at five-week low.
Food price forecasts continue to rise and are well above historical average rates.
Chinese Yuan loses double digits vs. the Dollar, Yellen addresses E.V. tax credit and cash cattle bids rise…
Wheat falls to one-month low on prospects for Plains moisture relief; corn lower, soybeans steady-firm.
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.