World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments: There are two major factors that will affect grain and oilseed prices this week: WASDE: It is USDA report week (again). Revised corn and soybean production estimates and WASDE (supply/demand) will be released Thursday morning, October 12th. This will tend to keep the markets in check all week. Weather:  Variable weather conditions in Brazil and Argentina are messing with corn and soybean planting. Central and northern Brazil remain hot and dry while southern Brazil and northern Argentina are too wet. The markets started the Sunday evening session fractionally higher, but were trading lower at the early close Monday morning. That slightly weaker tone carried into today’s session. Wheat markets tended to b...

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