XM does not provide services to residents of the United States of America.

CBOT Trends-Wheat down 2-3 cents, corn down 1-2, soy down 7-8



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>CBOT Trends-Wheat down 2-3 cents, corn down 1-2, soy down 7-8</title></head><body>

CHICAGO, Oct 17 (Reuters) -Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade (CBOT) at 8:30 a.m. CDT (1330 GMT) on Thursday:

WHEAT - Down 2 to 3 cents per bushel

* Wheat futures ticked lower, asrain relief in Russian and U.S. wheat-growing zones tempered crop worries.

* The return of rain has been a drag on prices this week, taking attention away from Russian government efforts to regulate exports and rising prices in Russia and Ukraine.

* Russia's Kursk region has introduced emergency measures due to a drought which killed winter grain crops, the local government said on Thursday.

* CBOT December soft red winter wheat WZ24 was last down 2-3/4 cents at $5.82-1/4 a bushel. K.C. December hard red winter wheat KWZ24 was last down 2-1/2 cents at $5.86-1/4 a bushel, and Minneapolis December spring wheat MWEZ24 was up 1-1/4 cents at $6.22 a bushel.


CORN - Down 1 to 2 cents per bushel

* Corn futures down as a brisk U.S. harvest and improved planting weather in South America countered support from the announcement of a large export sale of U.S. corn on Wednesday.

* Exporters sold 197,180 metric tons of corn to Mexico for 2024/2025 delivery, the U.S. Department of Agriculture reported in a daily reporting system.

* Exporters also sold 101,000 tons of corn to unknown destinations for 2024/2025 delivery, the USDA reported.

* Dry weather in the U.S. Midwest has accelerated harvesting, with 47% of the corn crop harvested as of Sunday.

* CBOT December corn CZ24 was last down 1-3/4 cents at $4.03 per bushel.


SOYBEANS - Down 7 to 8 cents per bushel

* Soybean futures down to a near seven-week low on supply pressures, a rising dollar and falling crude oil prices.

* Drought has delayed early planting of soybeans in Brazil but national crop agency Conab on Tuesday projected a 13% jump in Brazilian soybean production in 2024/25.

* CBOT November soybeans SX24 were last down 7 cents at 9.73 per bushel.



Reporting by Heather Schlitz; Editing by Varun H K

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.