Corn and soybeans posted corrective gains overnight, while wheat faced followthrough selling.
The extended forecast suggests spring planting should advance rather rapidly and favors early crop development.
The initial projections are based on the January WASDE Report. These are USDA’s current best guesstimates. A lot can (and will) change.
Corn, soybeans and wheat extended Wednesday’s losses during the overnight session.
Basis remains weaker than average for corn, soybeans and wheat.
Grain and soy markets are expected to open under solid pressure this morning after weak trade overnight.
Wheat futures led broad losses in the grain and soy complex during the overnight session as markets weakened amid technical selling and a lack of supportive news.
Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.
Corn and soybean futures are higher with wheat futures under pressure. Cattle and hog futures start the week working higher...
Corn and soybean futures firmed amid mild corrective buying overnight, while wheat traded lower.

Brian Grete