World: Morning grain highlights on 10-16-2024

Published 2024년 10월 15일

Tridge summary

The opening calls for the agricultural market are predicting lower prices for corn, soybeans, and wheat. The decrease in corn is attributed to the market feeling the pressure of harvest and the current low crude oil prices. Soybeans are also expected to see a decrease due to the lack of support following the USDA’s WASDE report. Wheat is expected to start lower as well, with the weakness in corn and soybeans also impacting its prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Highlights Corn Opening call: Lower market as the market feels the harvest pressure and low crude oil. Soybeans Opening call: Struggling to find support following the USDA’s WASDE report changing very little with the comfortable US balance sheet. ...

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