"There is nothing here that is going to move the needle," Charlie Sernatinger of Marex said in a note. "The focus has already shifted back to trading weather--Brazil weather for corn and soybeans and Black Sea weather for wheat." Hope Remains: The October WASDE report made the widely-expected small adjustments from previous outlooks published by the USDA. --The USDA will release its weekly grains export inspections report at 11 a.m. --The USDA will release its weekly Crop Progress report at 4 p.m.

Source: Wall Street Journal October 12, 2024 07:38 UTC