It’s Election Day in the U.S. and the day before the November WASDE. Markets tend to trade small ranges before the elections and the USDA’s report, but today’s trade was unusual as corn and wheat, rather than hunkering down, traded wide-ranging days with sharp losses. Fund selling and profit taking was largely responsible for the day’s weakness with fundamental news again remaining light. Soyoil fell sharply lower in tandem with crude oil as Chinese officials denied over the weekend that the country is looking to ease it’s COVID policies.  Outside markets were mixed on Tuesday with the outcome of the American elections obviously still undecided. The stock market was cautiously higher as investors await th...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Livestock, China, North America, Russia