Grain markets this morning are mixed ahead of today’s hotly-anticipated U.S. stocks and acreage report, which will be published at 11AM CST.
Grain markets are mostly in the red this morning, notably canola after Statistics Canada said that there were about 400,000 more acres planted this year in Canada than the market was expecting.
Grain markets mixed ahead of important USDA reports today (crop progress) and Friday (quarterly stocks and acreage).
Grain markets are lower as Monday’s crop progress report continues to be digested, and profits are taken off the board, despite some more challenging weather this week.
Grain markets are all in the green this morning, led by corn prices extending their five-year highs, as the complex continues to factor in more wet weather in the U.S. Corn Belt.
Recent Comments
Nov. 9 – Eyeing a WASDE Report, Soybean Demand, & Canola Prices
Another Bullish USDA Report & the Last Breakfast Brief - FarmLeadOct. 14 – October WASDE Provides Fresh Fuel for Bulls
Eyeing a WASDE Report, Soybean Demand, & Canola Prices - FarmLeadOct. 14 – October WASDE Provides Fresh Fuel for Bulls
Grain Markets Ignoring Battle for the White House - FarmLeadOct. 28 – US Presidential Election Nears, Grain Markets Sell-Off Starts
Will Pea, Lentil Prices Get Spooked by Movement Slowing? - FarmLeadOct. 14 – October WASDE Provides Fresh Fuel for Bulls
Who wants to call the top? — This week in the grain markets - AgroGuide.org