11/24/2025 Click Above to Watch the Morning Market Talk Video Grains Drift Lower as Bullish News Lacking On the Grains Corn, soybeans and wheat opened mildly firmer overnight but have drifted lower early this morning with wheat leading losses. Traders will continue to watch for Chinese buying of U.S. soybeans and other ag goods. Grain markets need fresh bullish news to revive buyer interest.Southern Brazil Turns Drier Forecasts call for scattered rains across central and east-central Brazil over the two-week period, while south-central and southern areas will trend warmer and drier during the two-week period. Traders deem conditions as mostly favorable as there are no major threats, though some areas have trended too wet (far southern Brazil) and others have been dry (northeastern Brazil). The two-week forecast suggests a shift to more favorable weather in these areas. AgRural estimated soybean planting reached 81% done as of Nov. 20, five percentage points behind last year. The main concern was in Mato Grosso and Goiás, where rainfall has been irregular, delaying planting and causing some flower and pod abortion, the firm noted. It also means there will be a tighter window for safrinha corn planting in those areas. China Corn Rallies on…
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