The GrainCast
U-S grains rallied into the October 30 Trump–Xi meeting, with C-B-O-T strength lifting Euronext. Behind the pop, the I-G-C projects record grain output and higher stocks, keeping the longer-term tone bearish-to-sideways for wheat and corn. Barley stays subdued amid strong global supply, while soybeans lead the risk-on move—up about 7%—as markets weigh potential Chinese purchases and E-U-D-R timelines. Machine learning points to sideways Euronext wheat and corn into early 2026, a modest firming in Canada E-X-W barley still below last year, and a soybean uptrend into May before easing. Short-term technicals skew bullish, but heavy supply and policy outcomes will shape spreads and price levels into winter. For the full market analysis and real-time grains prices and forecasts, go to vespertool.com. See you in two weeks!
5 episodios
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