Grains Rally, SA Gets More Rain, Delayed Report Schedule
Oct 31, 2012
Grains are picking up steam with corn, soybeans, and wheat all picking up double digit gains at the time of this post. Continued concerns over Chinese production, South American planting progress, and a reported sale of 25,000 metric tons of soybean oil to China for 12/13 have all been supporting the soy complex this morning. Not a lot of fundamentals drivers out this morning, due to Hurricane Sandy we have seen delays in both EIA Ethanol Numbers and the weekly Export Sales Report. Below is a table showing reports coming down the pipe this week.
||EIA Ethanol Numbers
||Export Sales Report
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