World Perspectives
feed-grains

PM Post - As Called

THE OPEN Nov beans:  2 higher Dec meal: 1.10 lower Dec soyoil:  40 higher Dec corn: 2 lower Dec wheat:   4 higher The markets opened as called with prices continuing to wobble at first, only to find some tech strength on the back of strong wheat.   A sale of corn was noted for the open but did not move the funds to buy the market at first.  The International Grains Council (IGC) raised its forecast for global 21/22 corn crop by 7 mmt to 1.209 bln tons.  They also trimmed the forecast for global wheat production for 21/22 by one million to 781 million.   SOY The markets opened as expected with soyoil futures gaining on meal, and Dec. oilshare trading at 45.44%.  Dec crush trad...

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