Markets showed some midweek weakness on Wednesday, with grains largely holding to a sideways pattern. Overnight strength was supported by fresh corn purchases from Mexico. As the day went on, headlines added fuel to the trade, including reports of USDA and Mexico discussing a possible border reopening as early as November. Meanwhile, the U.S. has signaled to Argentina that financial assistance could be on the table—if the country walks back its grain export tax holiday.
Arlan Suderman with StoneX shares today’s Market Wrap Up…
