Ahead of tomorrow’s October WASDE report, grain markets this morning are mostly in the green thanks to trade talks optimism and a blizzard in the forecast.
Grain markets this morning are mostly green but disregarding most of the September WASDE report data shared last Thursday for another commodity: oil.
Grain prices this morning are mixed with a big 2019 global wheat harvest pressuring prices while oilseeds are trying to rebound from yesterday.
Grain markets are in the red as the complex weighs the corn and soybean yields results from the ProFarmer crop tour this week.
With two days of the 4-day ProFarmer crop tour in the books, estimates of soybean and corn yields from field level are looking fairly bullish, but markets, seemingly, aren't buying it yet.
Grain prices this morning are slightly in the green as, with the September WASDE released tomorrow, traders are jockeying for position