Wheat futures rebounded from Friday’s losses during the overnight session, while corn and soybeans pulled back from their gains at the end of last week.
Soybeans and corn traded on either side of unchanged overnight, but are weaker early this morning, while wheat faced mild followthrough selling throughout the session.
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Soybeans and wheat extended Wednesday’s gains during the overnight session, while corn struggled to find buyer interest.
Selling pressure built in the grain markets overnight, with soybeans leading losses early this morning.
Soybeans rebounded from earlier weakness to trade higher early this morning, while corn and wheat are choppy.
Corn, soybeans and wheat are off to a solid start. Livestock futures are mostly higher as well…
Corn, soybeans and wheat traded solidly higher overnight, led by double-digit gains in the soybean market.
Soybeans and wheat posted mild gains during the overnight session, while corn held near unchanged.
The Seasonal Drought Outlook calls for broad continuation or expansion of drought for most winter wheat areas.

Brian Grete