Live Terminal

Chicago grains fall on US harvest pressure, higher end-stock estimate

Share on WhatsApp Telegram
⚡ Instant Key Takeaways (TL;DR)
🎯
Core Development: Chicago grains fall on US harvest pressure, higher end-stock estimate
📊
Market & Financial Impact: GLOBAL-GRAINS/:GRAINS-Chicago grains fall on US harvest pressure, higher end-stock estimate
💡
Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

JAKARTA, - Chicago wheat and corn fell for a fourth straight session on Monday as investors awaited the US Department of Agriculture's weekly harvest progress report due on Tuesday.

Soybeans also fell as reports of favourable weather across much of the US Midwest last week raised hopes that farmers would be able to catch up on harvesting following rain delays in late September and early October.

* The most-active soybean contract on the Chicago Board of Trade fell 0.52% to $12.85-1/4 a bushel by 0039 GMT and corn gave up 0.16% to $4.79 a bushel.

* China's Agriculture Ministry lowered its 2026/27 soybean output forecast by 590,000 metric tons from last month's estimate to 20.36 million tons in its October outlook, as planted area and yields missed expectations.

* Algeria's state grains agency OAIC has issued an international tender to buy milling wheat from optional origins, European traders said, with indicated nominal of 50,000 tons.

📰
Official Publisher Attribution: This report is aggregated from LiveMint. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on LiveMint ↗
Link copied to clipboard! ✅