Soybeans, corn up ahead of quarterly numbers – Voice Of Muscatine

Soybeans, corn up ahead of quarterly numbers

Soybeans were modestly higher on short covering and technical buying. Beans continued to bounce off Monday’s lows, watching U.S. harvest activity and yield results. Anecdotal numbers have been a little bit better than expected in some areas. Quarterly stocks in Friday’s report are expected to be below a year ago. If the federal government is unable to prevent a shutdown, that might be the last major set of USDA numbers out for quite some time, including a potential delay for the next set of yield and production estimates currently scheduled for October 12th.

Be the first to comment

Leave a Reply

Your email address will not be published.