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Grain, soy complex futures mostly lower before holiday

Recap for October 7 Wheat futures were mixed Thursday, with winter wheat mostly lower on concerns US exporters will struggle to compete with overseas suppliers, but a shortage of high-protein hard red spring wheat boosted spring wheat futures. Corn futures hit a one-week low in early trading before bouncing back to end slightly higher on the day as investors squared positions ahead of next week’s updated harvest forecast from the US Department of Agriculture. Signals of good export demand for US soybeans sent soybean and . . .

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Oil climbs over 2% as OPEC seen deepening cuts

Oil climbs over 2% as OPEC seen deepening cuts
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Oil prices climb more than 2% as Opec seen deepening cuts

HOUSTON: Oil prices climbed more than 2% on Monday (Nov 20) as further supply cuts in Opec+ production are expected to be announced following a meetin.

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Oil Gains On Expectations of OPEC Cut Extensions

However, analysts think any cuts may have zero impact on market conditions.

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