Wheat futures faced heavy selling overnight, while corn extended this week’s sharp losses amid reports a deal to restart Ukrainian grain exports will be signed today.
NWS forecast calls for above-normal temps across most of the country for August through October. Below-normal rainfall is expected over most of the central and western Corn Belt.
Wheat futures posted strong gains overnight, while soybeans faced followthrough selling, though they are well off their lows this morning. Corn was caught in the middle.
