World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Corn and soybean markets found small measures of support in the Sunday night session, while wheat was mostly steady. Volume was good overnight, especially in corn. Last Friday’s USDA numbers were simply bearish for the corn market and neutral to slightly positive for wheat and soybeans. Most of the grain-related news this morning was again about China, including the following: China’s Purchasing Managers’ Index (PMI) came in better than expected. There was chatter that a China trade deal is 90 percent done. The next trade delegation from China will be in Washington this Wednesday. USDA announced the sale of 828,000 MT of soybeans to China. The other news is that funds continued to build their short positions in c...

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Summary of Futures

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