Ahead of the Open: Profit-Taking Ahead of the Weekend

Posted on 03/09/2018 8:02 AM
Crop calls Corn: 1 to 2 cents lowerSoybeans: 9 to 13 cents lowerWheat: 4 to 6 cents lower Traders took profits out of the long side of the grain and soybean markets overnight and futures ended low-range. As a result, we expect selling pressure to resume at the start of daytime trade. While Argentine crop estimates continue to declin...