Traders are watching closely to see whether corn makes its way into any Chinese purchase package tied to next week’s Trump-Xi summit. The U.S. balance sheet currently doesn’t include significant Chinese business, so any new purchase announcement could be a meaningful addition.

Meanwhile, harvest pressure is starting to build in corn and soybeans, with weather adding another layer of uncertainty to the market.

And in cattle, cash trade is moving ahead of tomorrow afternoon’s Cattle on Feed Report.

Three markets. Plenty of moving pieces. And traders are watching the headlines closely.

Thursday Market Wrap Up with Kyle Bumsted at Allendale: