9/4/26 Markets Quiet for Now Ahead of Key Data, Holiday Weekend

09/04/2026 Click Above to Watch the Morning Market Talk Video Markets Quiet for Now Ahead of Key Data, Holiday Weekend On the Grains Corn and soybean futures are trading modestly lower early this morning, while wheat has turned mostly firmer. Price action was two-sided and relatively calm overnight. Traders will comb news on the geopolitical front, weather and demand side as they prepare for the upcoming three-day holiday weekend. That could lead to increased volatility ahead of today’s closes.The broader marketplace will also be influenced by the August employment report, which will be another data point for the Fed to consider ahead of its monetary policy meeting later this month. Expectations center on roughly 53,000 non-farm payrolls added and a 4.1% unemployment rate. Outside markets are relatively quiet ahead of the potential market-moving data.On the geopolitical front, the Trump administration appears ready to restart high-level shuttle diplomacy between Moscow and Kyiv this weekend, raising expectations for a renewed push to end the war between Russia and Ukraine. U.S. envoys Steve Witkoff and Jared Kushner are expected to travel to Russia and Ukraine Saturday and Sunday, according to Russia’s TASS news agency. Meanwhile, attacks between the two countries continue and grain flows out…