West Central Ag Grain Comments 10/22/2026 8:29:48 AM
MidCo comments: 10/22/26
- Good morning. It's been another quiet overnight session at the CBOT going into Thursday, with markets trading on either side of unchanged and in light volume as there simply continues to be little in the space for traders to get excited about. There's a whole lot of ongoing potential flashpoints still, but they're not new and traders have been well aware of the fundamental backdrop for months now. They want to know what's going to happen in the Black Sea, what's going to happen with Chinese buying, and what's going to happen with South American crop sizes. Once stale longs have finished exiting this space, it will be answers to these questions that likely spur the next significant price move. In the meantime though, choppy/directionless trade is likely to emerge once post harvest lows are formed presumably at some point in the next few weeks.
Corn futures into Thursday are trading 1-2 cents higher, soybean futures are trading 2-3 cents higher, and the Chicago wheat market is trading either side of unchanged |
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