World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Trading volume overnight was better than might be indicated by the lack of price movement, but it was unimpressive during the day session. Later during the day, though, grain and soy markets got caught up by a broader sell-off covering multiple commodities. General Comments Grains and the soy complex traded in mixed fashion overnight. Prices moved on both sides of Tuesday’s closes, but corn and soybeans prices did not move very far in either direction. Wheat prices eased off a few cents, being somewhat spooked by weather maps showing green blotches of light rain over eastern South Dakota. This is the state that has suffered most from the drought that plagues the northern Plains and threatens spring wheat production. Not much wheat is grow...

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