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Corn, soybean and wheat futures regained a portion of Thursday’s losses amid corrective buying overnight.

The state of Mato Grosso moved one step closer to assuming control of the project to upgrade BR-163, the so-called “soybean highway” in Brazil.

Soybean futures sink to 2 1/2-month low on advancing harvest, dollar strength; corn and wheat also lower.

Our updated monthly and quarterly price forecasts.

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Soybean futures drop to two-month low as dollar gains, harvest advances; corn and wheat also lower.

Weekly export sales data for week ended Sept. 29 proved uninspiring with corn over 120K MT short of expectations, while wheat was slightly above. Soybeans landed on the low end of pre-report estimates.

Expansion of drought will add to low water levels and shipping disruptions along the Lower Mississippi and Oho river valleys.