# Monthly Analysis: Grain Markets

> The DTN National Corn Index closed October at $3.03 1/4, down 6.5 cents for the month, and December futures closed at $3.45 3/4 after posting a new four-month low. The analysis describes a sideways-to-down long-term trend in corn and a consolidating soybean cash index near $8.95.

- Date: 2017-11-01 · published 2017-11-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68015-monthly-analysis-grain-markets
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A sustained bearish trend and monthly lows indicate continued soft corn and soybean prices for feed buyers in the near term.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/technically-speaking/blog-post/2017/11/01/monthly-analysis-grain-markets

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