# Market Perspectives November 3, 2016 - U.S. Grains & BioProducts Council

> Corn markets weakened as harvest progressed quickly across the Midwest and large grain piles formed in corn-producing states. Weekly export sales of 58.0 million bushels were viewed as adequate rather than strong.

- Date: 2016-11-03 · published 2016-11-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8308-market-perspectives-november-3-2016-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy harvest supplies and logistics concerns pressure corn prices lower, though good weather helps grain movement.

## Read by commodity

- SBM: neutral
- CORN: bearish ▼
- DDGS: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-november-3-2016/
- grains.org: https://grains.org/market_perspectives/market-perspectives-november-3-2016/6/

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