10/13/26 Bulls Need a Fresh Catalyst

10/13/2026 Click Above to Watch the Morning Market Talk Video Bulls Need a Fresh Catalyst On the Grains: Corn, soybeans and wheat traded lower overnight amid a lack of supportive news. With USDA’s October crop reports last Friday taking the bloom off the rose for bulls, a fresh bullish catalyst is needed to rebuild buyer interest across the grain and soy complex. Corn and soybean harvest activity is in full swing, adding seasonal headwinds to both markets. Scattered rains are expected during the next couple of days across areas of the Corn Belt, though harvest will remain active. USDA will update the corn and soybean harvest paces this afternoon. China’s Sinograin sold 209,904 MT of imported soybeans from an offering of 518,175 MT – a 40.51% clearance rate. The average transaction price was 4,298.43 yuan per MT ($642). With no tariff rollback for U.S. soybeans, commercial firms will use the state-owned reserves to bridge the gap until new-crop South American soybeans are ready for export. On Note: An official with China’s state-owned Cofco said fourth quarter soybean arrivals in China are expected to average 9.5 MMT, which would be up from 8.5 MMT last year and 7.7 MMT two years…