Corn and Soybeans Stall After Trump's Midterm Battering

Corn and soybean prices look oversold in Chicago, yet buyers stay sidelined as a weaker dollar, big U.S. yields and soft feed demand collide. Bertrand Oesterle, VP of Clearing and Execution Sales at StoneX, explains what is holding back corn, soybeans, wheat, palm oil and rapeseed after the U.S. midterm elections. Speculators have turned net short Chicago corn as the U.S. harvest advances and USDA WASDE yield estimates stay large. Cheaper Brazilian chicken exports are cutting feed corn demand in the Mediterranean and Middle East, while a weaker U.S. dollar lifts the euro and weighs on Euronext wheat. Discover Actionable Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/all?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_bertrand_oesterle&utm_content=share 0:00 - Oversold Grains, Frozen Buyers 00:34 - Weaker Dollar, Lagging Grains 01:58 - Corn and Soybean Yields Go Big 03:30 - Corn Speculators Flip Short 05:26 - Brazilian Chicken Bites Corn 06:15 - Soybeans Pulled Three Ways 09:36 - Saudis Turn to French Wheat 11:17 - Euro Strength Caps Euronext Like and subscribe for more financial market insights. #StoneX #BertrandOesterle #Corn #Soybeans #Wheat --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social