Corn and wheat futures posted mild corrective gains throughout the overnight, while soybeans traded on both sides of unchanged.
Basis firmed for both corn and soybeans
New economic projections show a notable shift in tone and outlook to dovish.
Corn, soybeans and wheat all traded solidly to the downside during overnight trade.
Corn and wheat are expected to open higher amid corrective buying, with soybeans likely to face light profit-taking.
Soybean futures built on Monday’s gains during the overnight session, while corn and wheat firmed amid corrective buying.
Soybean futures are sharply higher with wheat lower and corn caught in the middle. Livestock futures are mostly higher...
Beans are expected open higher, wheat lower and corn near unchanged.
Soybeans traded higher amid corrective buying overnight, while corn and wheat favored the downside.
Corn, soybeans and wheat held in relatively tight trading ranges overnight ahead of USDA’s December crop reports later this morning.

Brian Grete