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“Corn and soybeans settled lower while the wheat market bounced after testing support,” Ryan Kelbrants, with CHS Hedging, sadi. “Weather patterns in South America continue to improve as we move towards November. Rains are forecast for the next two weeks in Brazil for many of the major corn and soybean areas. Argentina is expected to see a wetter trend.”
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Bloomburg said, “Brazil said its corn ethanol passed a significant regulatory step from the International Maritime Organization, giving the co…
“In today’s planting progress report, published after the close, spring wheat is 53% planted compared to 63% last year and a five-year average…
“Peace talks with Iran are not going well, with both sides rejecting the other’s offer and the President saying they are “on life support.” He…
American imports of used cooking oil from China are set to accelerate as increased U.S. biofuel-blending requirements kick in and the Iran war…
Traders are looking ahead to today’s WASDE report. “Estimates for today’s WASDE report see corn production lower than last year’s at 15.99 bln…
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