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Tom Fritz

Oct 15, 2026

10:29
What was the cause that we saw lower numbers for corn and soybeans?
10:33
Well, we'll start with the soybean market.
10:35
You know, it was interesting, uh, in the, uh, wee hours of the morning, um, you know, you get a, uh, report that, uh, Sino Grain, they're the, uh, they're in charge of the Chinese, uh, grain reserves.
10:47
Uh, they, uh, let it know that they are going to auction off a half a million tons of soybeans.
10:55
Shortly thereafter, uh, sources, unnamed sources are suggesting that, uh, China bought 8 to 10 million tons of soybeans.
11:05
And with that, the market is, you know, edging higher, edging higher, edging higher.
11:11
We get the announcement, and the market just started edging lower.

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