Not the November we wanted — this week in the grain markets

by

Opinion

Grain markets ended the month of November strongly as a shortened trading day on Friday, November 29th (due to the U.S. Thanksgiving holiday) saw significant technical selling, which pushed prices up. Corn gained eight cents while Chicago SRW wheat futures jumped 15 cents on Friday alone — helping the complex end the month on an upbeat note. However, for the month of November, corn, soybeans, and Minneapolis HRS wheat saw significant losses. Amidst mostly weaker grain prices and harvest challenges, this November was not the one we were hoping for. A lot of the decline in soybeans was attributed to…

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