Brian Grete

Corn, soybeans and wheat open the week under light selling pressure. Fat cattle are firmer with lean hogs mixed this morning...
Corn, soybeans and wheat firmed amid mild corrective buying during overnight trade.
No overnight grain trade. Grain and livestock markets open at 8:30 a.m. CT for an abbreviated session until 12:05 p.m. CT.
Basis slips a little for corn and soybeans; both weaker than average.
The report data was virtually inline with expectations, which should have little impact on prices Monday.
Grain markets are expected to open weaker this morning after price pressure overnight.
Corn futures were unable to generate followthrough buying overnight after Thursday’s gains, while the soybean and wheat markets extended yesterday’s declines.
The 90-day forecast from the National Weather Service signals increased chances of above-normal precipitation across most of the key HRW production areas of the Central and Southern Plains through February.
Corn, soybeans and wheat faced followthrough selling to Wednesday’s losses during the overnight session.
Corn and soybean basis mildly improved.