Stock Market Selloff May Have Favored Grains
Hurricane Belle brings rain, futures for corn and soybeans fall to near four-year lows.
Due to the tropical storm "Belier" expected to bring rain to the central and western regions of the USA, it may help increase production during the critical period of crop growth, and grain prices have fallen to the lowest level since the epidemic.
Chicago SRW wheat prices continue to weaken while sentiment for soybean and corn is bullish.
Weekly overview. This week, the price of hard red winter wheat (HRW) continued to decline due to the improved crop outlook for wheat.
U.S. Corn Export Sales Fall Below Forecasts
Chicago SRW wheat futures have fallen for the third consecutive week, while soybean futures have remained relatively stable.
Weekly Overview - Price Changes This Week: Over the past week, CBOT agricultural commodity prices have fallen. Wheat prices have fallen due to improved HRW crop prospects, while corn and soybean prices have remained relatively stable.
Grain Futures Fall As Markets Brace For La Niña -- Market Talk
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