Corn is showing 75% harvested and soybeans have reached 87% harvested
Wheat and corn gave back some of their gains overnight from yesterday’s rally, while soybeans recovered some of the losses from Monday’s session. Crude oil continued to fall, reaching its lowest price since August 27 while S&P futures were modestly lower.
Global markets are mixed, with some green being seen in Asia, and Europe modestly lower.
Grains were mixed overnight with wheat posting the biggest gains, advancing 6 cents overnight while corn was fractionally higher. Soybeans gave up 3 cents in the night session. In outside markets, stock index futures were mildly weaker while crude oil showed a small advance.
Grains were listless overnight with little directional bias in the market. In outside markets, S&P futures recovered some of the losses from Tuesday, while crude oil printed its lowest price since October 2nd.
On Tuesday, corn reached a 5-week low at $3.72, but has since managed to move...