Karen Braun
@kannbwx
Chief Market Analyst @ Zaner Ag Hedge
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Ex Reuters Ag Columnist
Meteorologist by training, gymnast for life
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📈The Nov soybean/Dec corn 2027 futures ratio is at a six-year high for mid-October of 2.45 vs. 2.31 a year ago.
That's a more favorable signal for soybean profitability ahead of 2027, though actual planting decisions will also depend on projected production costs. #cmdtyView#
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🌽CBOT December corn futures lost ~42 cents on Sept. 30 and Oct. 9 combined as USDA on both days revealed heavier U.S. supplies than expected.
Friday's yield surprise pushed the contract below longer-term averages, with the market now bordering on oversold territory. #cmdtyView#
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USDA's U.S. corn ending stocks estimate lands near the high end of trade expectations on a much larger-than-expected yield. Soybean and wheat stocks also came in heavier than anticipated.
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