Josh
Josh McClure
FBN Employee

(edited)Marketing

Markets wait for Chinese business.

Markets continue to hold within a higher range, particularly in soybeans, but have struggled to extend gains meaningfully since the first day of the month, as traders wait for the promised Chinese export business to materialize.

 

The USDA is expected to release a delayed November WASDE on Friday, November 14, with the federal government anticipated to reopen later this week. Yield revisions will be closely watched, along with potential adjustments to acreage, particularly harvested acres, which may prove higher than usual this year.

 

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Markets wait for Chinese business.

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