10/5/26 Bulls Still Got Some Fight

10/05/2026 Click Above to Watch the Morning Market Talk Video Bulls Still Got Some Fight On the Grains Buyers surfaced under Friday’s closing levels in the corn, soybean and wheat markets overnight. Soybeans and wheat are posting double-digit gains in the most actively traded contracts, while corn is mildly higher. December corn futures marked a triple-bottom at $4.95 on the daily chart, while November soybeans found buyers on a dip below $12.75 for a third straight session. Key today and for near-term price action will be the level of fund buying during the daytime session when they are far more active. As of Sept. 29, funds held a combined net long position of 943,394 contracts of grain and soy complex futures. That included net longs of 381,220 contracts of corn, 246,558 contracts of soybeans, 207,578 contracts of soymeal, 83,564 contracts of soyoil, 30,677 contracts of HRW wheat and 16,206 contracts of HRS wheat. Funds were net short 22,109 contracts of SRW futures. Forecasts call for much-needed dry conditions for the next week to 10 days across the Corn Belt. That open weather window will allow for an increase in harvest activity, though the wettest areas will require time to dry…