With yesterday’s panic selling subsiding, the CBOT was left to trade its own fundamentals again, and that brought some support back to ag commodities. Corn posted a higher close, and was the only grain contract to do so, with strengthening export demand underpinning trade. Fund short-covering in corn was notable and helped keep the wheat market somewhat supported as well.  The global weather continues to change (as its apt to do) with additional dryness growing across Argentina and parts of Center West Brazil in the next 10 days. With Brazil’s soybean crop being harvested, the dryness isn’t desirable but will likely have few impacts. The impact may be more severe in Argentina where parts of the corn crop are still po...

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