World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Post Report Adjustments

THE OPEN November beans:  1 lower December meal:  .90 lower December soyoil:  30 lower December corn:  1/2 lower December wheat:  6 higher The markets opened as called with more short-covering activity and new buying at the lows of the trading session in wheat and beans.  Meal and beans turned higher, as oilshare weakened.  Soyoil futures remained the weaker trade into the report, while corn values congested.  The mission of the market today was to adjust positions again into the report, and into month's end/quarter end.  Scale up selling was noted as prices firmed from the open.  At 11:00 the Sep 1 stocks report was released.  Interesting to note that the USDA has adjusted the p...

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