Soybean futures remained firm and traded sideways as the market awaits Friday's report, which is expected to be consistent with September's estimates. January Soybean futures were up seven and a quarter cents to $11.34.5. Option open interest saw a shift, adding 3,600 to the put side, making total put open interest higher than calls. Corn futures were higher, supported by a weaker U.S. dollar, which is bullish for all grains, and higher ethanol prices. December Corn futures rose three and a half cents to $4.35.5. Option open interest saw an addition of 2,400 to the call side, but the market still has more puts than calls. Wheat futures were steady, starting down $0.08 before rallying back to unchanged, as traders exercise caution ahead of the report and conflicting private estimates, with the market moving sideways for the week.
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