SZAP(SZ:000061) Xin Hua Cai Jing·2025-09-17 00:35Core Insights - Chicago futures market saw a rise in corn, wheat, and soybean prices on September 16, with corn up 5.75 cents to $4.2900 per bushel, wheat up 8.50 cents to $5.3350 per bushel, and soybean up 6.25 cents to $10.4900 per bushel [1] Group 1: Price Movements - The most active December corn contract rose by 1.36%, while the December wheat contract increased by 1.62%, and the November soybean contract saw a 0.60% rise [1] - Corn recovered losses from September 15, and soybean prices tested resistance levels between $10.50 and $10.60, while the next resistance level for wheat is projected at $5.40 [1] Group 2: Market Drivers - Anticipated declines in U.S. corn and soybean yields for October are identified as the primary drivers behind the increase in agricultural prices [1] - The EU's wheat export progress is notably slow, with only 3.78 million tons exported as of September 14, marking a 34% decrease from the previous year [1] Group 3: Global Trade Outlook - The sluggish wheat export sales from the Black Sea and EU raise doubts about the World Wheat Trade Association's forecast of a 6 million ton increase in global wheat trade for the current crop year [1]