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feed-grains soy-oilseeds wheat

Market Commentary

The overnight session saw volume fade and prices wobble before finishing near Monday’s closes, but more of a price pattern developed during the day session. Some of this was due to unwinding of long soybeans/short corn and/or wheat spreads. General Comments The overnight session saw volume fade and prices wobble before finishing near Monday’s closes. USDA’s weekly crop summary did not give markets anything on which to trade. Corn maturity is still behind average, especially across northern areas. Thankfully, though, there is still no sign of a freeze through the first week of October. Soybean maturity was close to average. Corn harvest was not quite as advanced as expected, off by 2-3 percent, but soybean harvest met expectations. As usua...

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feed-grains soy-oilseeds wheat

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