10/12/26 Funds, End-Users Will Signal If Corn Is Value Buy

10/12/2026 Click Above to Watch the Morning Market Talk Video Funds, End-Users Will Signal If Corn Is Value Buy On the Grains: Corn and wheat opened lower overnight but rebounded to trade above Friday’s closing levels early this morning. Soybeans opened firmer but faded, along with soymeal, and are trading lower. Money flow will be key to price action during daytime trade as funds become more active. Do funds view Friday’s sharp price breaks as a fresh buying opportunity or do they further liquidate long positions? Friday’s lows across the grain and soy markets stand as key near-term support that bulls must defend to keep from a deeper price pullback. Funds reduced some of their length across the grain and soy markets as of Oct. 6 but were still net long a combined 881,436 futures and options contracts. Note: That figure doesn’t include the final three days last week, including Friday’s heavy selling in the corn and wheat markets. Aside from money flow, harvest activity ramped up over the past week as drier conditions were seen in the western Corn Belt. Seasonal pressure will be a headwind as new-crop bushels come to market. Note: USDA will not update harvest activity…