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Drop in grain prices may lead to stronger corn and soybean demand, tighter wheat supplies

Por: MarketWatch Business November 16, 2023

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There was a lot of anticipation that the U.S. would have decent corn and soybean crops this year. Because of that early view, there was money flow out of the markets with traders going from near-record net long positions to neutral or net short positions, said Stephen Nicholson, Rabobank global grains & oilseeds sector strategist.   Corn stocks, in particular, built up as demand was weak in the 2022-2023 crop year. High prices and on the feed... + full article



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