Potential quiet end to the week comes after earlier volatile price action.
Limit-down trade in soyoil tied to concerns the renewable diesel target for next year may be lower than expected and sharply lower trade in crude oil.
July soybean futures reached their highest level since Feb. 11 during overnight trade.
Wheat futures fell to contract lows overnight.
Soybean futures are sharply higher with corn mildly higher and wheat mixed. Cattle futures are poised to challenge highs, and lean hog futures are moderately to sharply higher to start the week...
USDA’s May crop reports are out later this morning.
General market risk appetite is up after the U.S./UK trade deal and weekend talks with China.
Soybeans led a round of gains in the grain and soy complex overnight ahead of an expected trade deal with Britain and upcoming U.S., China talks.
U.S., China to hold trade talks in Geneva this weekend.
Corn and winter wheat markets were supported by light corrective buying overnight, while soybeans and spring wheat faced light followthrough selling.

Brian Grete