CBOT Mixed with November Soybeans Leading; Rumors of China Interest for US Sorghum/Hi Pro Wheat; Corn Struggles on Coming Harvest

** Mixed has is the CBOT at midday with corn futures slightly lower while soybeans/wheat hold firm. November soybean futures have been the upside leader on Cargill’s stopping of November deliverable receipts which has narrowed the November-January soybean spread to a 12 cent January premium. Corn remains a laggard amid tepid US corn export sales…

CBOT Breaks But Won’t Bend Awaiting US/China Phase 1 Trade Negotiation Deal/ Brazilian New Crop Soybean Bids Ease Off 3 Year High

** CBOT values are weaker at midday with the grains leading the decline. Wheat futures have fallen to its lowest level since October 11th with the corn market in tow. Dec Chi wheat fell below its 100-& 200-day moving average which spiked values lower for a short period of time on active fund selling. Whether…

CBOT Corn Rallies on Strong Cash Basis Bids & Snowy/Wet Midwest Weather; Chile Cancels APEC Leaving Phase 1 Signing Location in Doubt?

** Low volume and mixed is the CBOT at midday as traders tire on the ongoing political woes that are plaguing US/Chinese trade talks. Chile due to its worst social unrest in a generation, canceled the November 16-17 APEC meeting this morning. Chilean President Pinera cited “common sense” for the cancellation with its president needing…