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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Categories: Grain Markets / Markets / Opinion
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Brennan Turner

Brennan Turner is originally from Foam Lake, SK, where his family started farming in the 1920s. After a degree from Yale and some pro hockey, he started FarmLead.com, a risk-free and transparent grain marketplace (app available for iOS & Android). His weekly column on RealAgriculture is a summary of his free, daily market note, the FarmLead Breakfast Brief. He can be reached at [email protected] or 1-855-332-7653. @FarmLead

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