Most grain prices on the Chicago Mercantile Exchange rose on Friday September 27. The November soybean futures contract jumped by 24.75 cents per bu, settling at $10.65 per bu, while December wheat dropped by 4.25 cents per bu, closing at $5.80 per bu.

Meanwhile, October soybean meal surged by $19.50 per short ton to $343.70 per ton, and December corn rose by 4.75 cents per bu to $4.18 per bu.

Soybean futures captured double-digit gains due to technical buying, driven by flooding from Hurricane Helene in the eastern US and dry weather conditions in Brazil. Corn futures also rose, supported by technical buying linked to crop damage in the Carolinas and spillover strength from soybeans.

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