The soft red winter wheat (ZWH26), soybean (ZSF26), meal (ZMF26), and soybean oil (ZLF26) markets at present look very heavy and susceptible to more price downside in the near term. However, corn (ZCH26) and hard red winter wheat (KEH26) late last week showed some price strength. Corn may be the most important grain market to watch in the near term. My grain-market-reporting days on the floor of the Chicago Board of Trade nearly 40 years ago remind me that veteran grain traders would tell me, “Corn is kin ...

Sustaining the price uptrends in corn and soybean futures in the early fall will be challenging for the corn and bean bulls. Harvest pressure and related commercial hedge selling will ramp up in the coming weeks, which could limit the upside in corn and soybean futures prices. However, the corn market bulls have shown keen resilience lately, despite knowing a big U.S. corn crop is getting ready to come out of the fields in the coming weeks. The soybean market may now do the same.Key for the corn and soybean ...