Core Viewpoint - The Chicago Mercantile Exchange (CME) saw a broad increase in corn, wheat, and soybean prices on October 17, indicating a seasonal rebound in agricultural commodity prices, providing new sales opportunities for farmers amid a backdrop of global food supply surplus [1]. Group 1: Price Movements - The most actively traded December corn contract closed at $4.2300 per bushel, up 1.25 cents or 0.30% from the previous trading day [1]. - The December wheat contract settled at $5.0450 per bushel, increasing by 2.00 cents or 0.40% compared to the prior day [1]. - The November soybean contract reached $10.2100 per bushel, rising by 10.25 cents or 1.01% from the previous trading session [1]. Group 2: Market Context - The spot market continues to strengthen, contributing to the seasonal price rebound in agricultural commodities at the CME [1]. - The seasonal price increase offers new sales opportunities for farmers, despite the prevailing global food supply surplus [1].