World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Corn futures contracts traded quietly in a range of less than 5 cents before closing mostly higher by 2 cents or less. This seems to suggest that traders think they have the corn stocks number pretty well nailed down and that it will not be a market mover. General Comments The last full day of trading before USDA releases its 1 September quarterly stocks estimates and final small grains report at noon (EDT) tomorrow was relatively quiet and subdued. The grains and soy complex all traded both sides before soybeans and corn closed slightly higher, while all three wheat markets finished lower. Much of today's activity seemed to involve positioning ahead of the reports, but the price action seemed to indicate that traders were not inspired to...

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feed-grains soy-oilseeds wheat

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