Morning Comments October 28, 2016

Early calls :  corn mixed to lower and soybeans 1-2 higher.

 

Corn is getting pressure from huge yields.  Positive information, ethanol production still good and export numbers are still good.  If December futures can push through the resistance at $3.60, that will be positive on nearby corn. Not a lot of other news in the corn market.

 

November soybeans managed to close above the 2 month high.  Weekly export numbers were within estimates.  Same as last week and same as last year.