Tidbits, Soybean Sales, Corn & Wheat Trade, Sulfur, Retail Inflation 10/15/26
Tidbits
Do not forget that pre-hedging of corn and soybeans on Friday afternoon will be anticipated by the spec funds earlier in the day.
The low on December corn this week was made on Monday, 4¾¢ above last Friday’s report day $4.70¼ low.
Soybean Sales: The USDA announced yesterday the sales of 470,000 mts of old crop soybeans to China. This is the first such deal since the September summit between Presidents Donald Trump and Xi Jinping in Washington.
Before the latest deals, China had bought about 13.7 million mts of U.S. soybeans, already more than halfway towards its 25 million-ton purchase target for the 2026/27 marketing year, announced by the White House.
China imported 11.88 million mts of soybeans in September, down 7.7% from the same month last year, data from the General Administration of Customs of China showed.
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