Corn and soybean bulls saw price recoveries last week, giving hope for market bottoms. Harvest progress in the U.S. Midwest has commercial hedgers selling in futures markets. Corn prices supported by poor yields and strong export demand. Soybean meal futures show signs of improvement, while winter wheat stabilizes. Cotton futures hit six-month low, with bears in control due to government shutdown. Positive factors include U.S. stock market resilience and lower interest rates. U.S.-China trade relations key for cotton market, with focus on upcoming Trump-Xi meeting.
Read more at Yahoo Finance: Corn, Soybean Bulls Had One Foot in the Grave Last Week. What to Watch Next.
