Corn, soybeans and wheat modestly favored the upside, while holding in tight trading ranges during a quiet overnight session.
Pork export sales for 2023 and 2024 were strong and weekly shipments were a high for the year.
Corn, soybeans and wheat traded in narrow ranges during the overnight session.
Basis firmed for soybeans and is now positive.
Corn, soybean and wheat futures traded narrowly on either side of unchanged during quiet overnight price action.
Soybeans erased Monday’s gains during overnight trade, while corn and the winter wheat markets faced mild followthrough selling.
Wheat inspections were near the middle of the expected range.
Wheat futures are under pressure with corn and soybeans choppy. Cattle futures are extending last week’s gains with lean hogs choppy to start the week…
Corn modestly favored the downside overnight, while soybeans and wheat failed to sustain early price strength and have weakened this morning.
Corn, soybeans and wheat traded on both sides of unchanged in a quiet overnight session.

Brian Grete