Two-sided trade was seen in the grain and soy markets overnight, with corn and wheat mildly firmer and soybeans weaker early this morning.
Soybeans open the week with a firmer tone with corn steady and wheat under light pressure. Live cattle and lean hog futures are higher this morning...
Corn and wheat are expected to open under mild pressure, while soybeans are likely to be mostly weaker this morning.
Soybeans are firmer this morning, while corn and wheat are weaker following two-sided trade overnight.
The firmer tone from overnight is expected to carry over to daytime trade.
Corn and wheat futures posted corrective gains overnight, while soybeans also traded higher despite weakness in soymeal.
Soybeans are expected to open with a firmer tone. Corn and wheat are expected to open mixed.
Soybeans are firmer this morning on followthrough buying, while corn and wheat are pivoting on either side of unchanged.
Cash hog prices show signs of a seasonal low.
The mostly firmer tone overnight is expected to carry over to daytime trade as traders await USDA’s reports later this morning.

Brian Grete