# Grain Comments: 10-24-2024 - Cooperative Farmers Elevator

> Corn and soybean futures traded higher on the CBOT, with soybean meal and soybean oil also up, as US harvest nears completion. Traders cite South American weather and limited managed-money activity ahead of the US election, and the report notes expected weekly export sales.

- Date: 2024-10-24 · published 2024-10-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27832-grain-comments-10-24-2024-cooperative-farmers-elevator
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Firm US corn and soybean futures reflect South American weather risk and export demand, which keeps domestic feed ingredient prices supported.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- coopfe.com: https://www.coopfe.com/grain-comments-10-24-2024/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.