Wheat shrugs off dollar, focusing on weather, Ukraine

Wheat shrugs off dollar, focusing on weather, Ukraine

Soybeans were lower on profit taking and technical selling. Parts of the Midwest and Plains will see cooler temperatures, but limited rain, keeping early harvest moving. Anecdotal yields are still hard to come by but will start to surface shortly ahead of the next USDA production update October 12th. Farmer selling in Argentina appears to be set to stall after the recent increase in sales. After some heavy movement in recent weeks and strong demand from China, Buenos Aires has cut foreign currency availability for producers.

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