News
Wheat futures built on Wednesday’s gains overnight amid global supply worries, while the corn and soybean markets followed to the upside.
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.
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.
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