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After the Bell | September 6, 2023 Global supply uncertainty led the grain and soy complexes mostly higher, though persisting U.S. dollar strength cast a shadow over corn futures amid weak export demand.
August sets heat records, Mexico corn imports surge and pork bellies rocket higher...
Diesel prices rising faster than regular gas as crude oil markets signal more increases coming
Buying was seen across the grain markets overnight, follow-through buying after the break will be key in determining if buying is just a corrective bounce or if an interim low could be in place.
Corn and soybeans were supported by deteriorating crop condition ratings during overnight trade, while wheat also traded higher.
Illinois led the ratings declines, though most of the top production states dropped.