9/11/26 History Doesn’t Provide the Answer, But Gives Guidance

09/11/2026 Click Above to Watch the Morning Market Talk Video History Doesn’t Provide the Answer, But Gives Guidance On the Grain: Grain and soy complex futures are under pressure as traders take profits ahead of USDA’s Crop Production and WASDE Reports at 11 a.m. CT. December corn futures are trying to hold the recent triple-bottom at $5.26 1/2. There’s a void of support for about 20 cents under that level. November soybeans scored a contract high earlier overnight but have fallen back into the recent consolidation range, signaling a potential failed upside breakout. With funds record long corn and near record long soybeans, they are heavily extended to the upside. Corn and soybeans likely need bullish data from USDA to extend their rallies during harvest. Bearish data from USDA could trigger a rush of long liquidation. Wheat markets are sitting just above key support levels. USDA’s report data won’t be as directly impactful for wheat. Instead, wheat futures are likely to get much of their price direction into the weekend from corn and soybeans. Much of the focus in USDA’s reports will be on yields but harvested acres could be the wild card. Minor reductions in yield and production are…