Grain markets waiting for more yield reports
Prices have entered a holding pattern as harvest begins across the Corn Belt, and until concrete yield reports have emerged, prices may soften for a little while.
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Prices have entered a holding pattern as harvest begins across the Corn Belt, and until concrete yield reports have emerged, prices may soften for a little while.
By Kirk Maltais --Soybeans for November delivery rose 0.5% to $13.04 1/4 a bushel, on the Chicago Board of Trade on Tuesday, with traders cautious about taking too firm of a stance on futures...
The House is set to debate the annual funding bill for USDA and FDA this week, even as a partial shutdown looms at the end of this week unless House Republicans and Democratic-controlled Senate can agree on a stopgap spending bill.
Analyst says harvest must progress further before selling pressure lets up.
China import report show surprises, the drought continues to extend its reach and a looming government shutdown have a hand on the markets.