SZAP(SZ:000061) Xin Hua Cai Jing·2025-10-04 01:23Core Viewpoint - The Chicago futures market for corn, wheat, and soybeans experienced mixed price movements on October 3, with corn and soybeans declining while wheat saw a slight increase. The market is expected to shift focus back to crop size and yield as new investments flow in, but supply surplus issues may hinder price increases [1]. Group 1: Market Performance - On October 3, the most actively traded December corn contract closed at $4.19 per bushel, down 2.75 cents (0.65%) from the previous trading day [1]. - The December wheat contract closed at $5.15 per bushel, up 0.5 cents (0.1%) from the previous trading day [1]. - The November soybean contract closed at $10.18 per bushel, down 5.75 cents (0.56%) from the previous trading day [1]. Group 2: Investment and Supply Dynamics - A new wave of investment is entering the Chicago Board of Trade (CBOT) agricultural futures market, but investment flows are expected to slow down in early next week [1]. - The U.S. Congress faces challenges in quickly agreeing on a $10 billion to $14 billion subsidy for American farmers due to the ongoing trade war initiated by Trump, with potential payments not expected until December or 2026 [1]. - U.S. farmers are accelerating soybean harvesting, expected to be completed by the end of next week, followed by corn harvesting [1]. - Brazilian farmers are set to accelerate soybean planting next week, with favorable weather conditions in South America contributing to crop growth, which may hinder price increases in the CBOT agricultural products [1]. - There is an oversupply of wheat, corn, and soybeans in the U.S. and globally, exacerbated by the new crop listings from South America, leading market analysts to recommend selling on price increases [1].