Soybean futures posted sharp losses overnight, while corn and wheat traded mildly lower.
The Seasonal Drought Outlook calls for drought to persist across much of Iowa, Minnesota and Wisconsin through June.
Soybeans posted followthrough buying to Wednesday’s strong gains during overnight trade, while corn and wheat mildly favored the upside.
Cash hogs continue the seasonal price climb.
Most Fed officials expect three rate cuts this year, but fewer committee members anticipate more than three reductions.
Soybean futures reversed losses from the past two days during overnight trade, while corn and wheat faced price pressure.
Corn, soybeans and wheat held in tight ranges during quiet, two-sided overnight trade.
Corn and wheat futures are higher this morning with soybeans working to the upside. Livestock futures are higher to start the week...
Corn and wheat futures posted mild gains amid corrective buying overnight, while soybeans weakened following earlier strength.
Corn, soybean and wheat futures held in relatively tight ranges during light, two-sided trade overnight.

Brian Grete