Reported 2 days ago
Despite a rough start last week, corn and soybean prices saw significant recoveries, driven by positive sentiment from U.S.-China trade discussions and favorable harvest weather. Ongoing commercial selling and market uncertainties due to the U.S. government shutdown may cap future price rallies. The soybean meal market shows signs of improvement, while traders remain focused on South American growing conditions. The wheat market looks to corn and soy for direction amid bearish trends and hopes for stabilization.
Source: YAHOO