Corn and soybeans are expected to open lower, with wheat likely to see a mildly varied start (winter wheat markets lower, spring wheat higher) to daytime trade.
Early seller interest faded overnight, with corn, soybeans and wheat all trading solidly higher early this morning.
SRW wheat basis firmed despite the surge in cash price.
Corn and wheat extended their recent rallies overnight, while soybeans firmed amid a corrective rebound.
November’s 12-point rise in the Current Conditions Index to a reading of 113 was primarily responsible for this month’s sentiment improvement as the Index of Future Expectations only improved by 2 points.
Corn, soybeans and wheat traded on both sides of unchanged while holding in tight ranges during the overnight session.
Corn and soybeans traded lower through the overnight session, while wheat firmed this morning after earlier losses
Selling pressure built through the overnight session, with corn, soybeans and wheat trading near session lows earlier this morning.
Corn, soybeans and wheat again traded in relatively tight ranges during a quiet overnight session.
Basis remains well below average for corn and soybeans.

Brian Grete