Cbot grain futures the latest CBOT grain futures session

The latest CBOT grain futures session reflected subdued volumes, with traders awaiting updated crop progress reports. Corn remains range-bound, though weather-driven yield concerns in the Midwest could trigger price volatility in coming weeks, prompting hedgers to maintain protective positions. Export Inspections data showed 738,604 MT (27.14 mbu) of wheat shipped in the week that ended on September 25, which was a drop of 21.41% from the week prior but 33.85% below the same week last year. Nigeria was the top destination of 140,472 MT, with 117,824 MT to Bangladesh and 89,115 MT to Japan. Marketing year shipments have totaled 9.537 MMT (350.4 mbu), 15.12% larger yr/yr. Across the world, the local weather in specific growing regions may impact the supply and thus the price of corn. In CBOT grain futures, corn’s relative stability contrasts with softening soybean prices. Traders adjust their exposure ahead of WASDE report release, anticipating revisions in yield estimates to guide hedge fund strategies.