Commercial Buyers Need Corn, Analysts Say
Investors eye coming snowstorm impact on Plains' crops
Much of the northern Plains will be exposed to an early-winter blizzard, where many have barely started rolling combines.
There is an overwhelming amount of soybeans and corn that could be covered with a foot or more of snow by Saturday, reports Successful Farming.
Traders will need to see just how much snow falls before getting anxious about major crop losses.
The USDA report on Thursday is expected to be friendly after the bullish quarterly stocks report in late September.