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Cbot grain futures wheat CBOT grain futures rallied for a

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Wheat CBOT grain futures rallied for a third consecutive session amid continued European dryness reports. Analysts believe this climatic stress could reduce EU yields, offering support to U.S. export competitiveness. Sour Note: Tuesday's quarterly grain stocks report from the USDA may be the last crop data grain traders receive for an indeterminate amount of time--in the wake of the U.S. government shut down. This means that until the shutdown ends, the last USDA data the market has is a stock report showing larger-than-expected supplies of grains. "A government shutdown will only reduce the amount of data available to a flailing market," said Matt Zeller of StoneX in a note. Disclaimer | Privacy Notice | Cookie Notice | Terms of Use | Data Terms of Use | Modern Slavery Act Transparency Statement | Report a Security Concern Corn futures on CBOT showed marginal gains today as traders price in delayed harvest reports. Weather forecasts with above-average rainfall have boosted potential yield estimates, tempering aggressive long positions from speculative funds.