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Corn futures drop following disappointing export sales; soybeans post modest gains, wheat ends lower.

Average cash steer price rises to the highest since 2015.

Xi Jinping extends hand of friendship to U.S., Biden administration mulls bolstering northeastern heating oil supplies and Rail Union members vote ‘no’ on a fresh labor agreement...

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.

Grain, soybean futures firmer as Argentina, Russia stoke concern over global supplies.

Russia warns West it can target commercial satellites | China’s Xi offers fig leaf

Weekly export sales for week ended Oct. 20 revealed a continuance of lackluster corn export sales, while soybeans remain steady, maintaining a pace slightly ahead of last year. Wheat topped expectations by over 80 MT.

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

Basis is better than average for corn and soybeans despite Mississippi River transportation slowdowns.

Soybean futures end mixed after U.S. dollar’s pullback drives early strength; corn down slightly, winter wheat firmer.