Corn and wheat mildly favored the downside, while soybeans traded mostly higher in quiet, two-sided price action overnight.
Corn and soybean basis now just slightly weaker than average.
Soybeans posted followthrough buying overnight, while corn and wheat rebounded from losses earlier this week.
Corn, soybean and wheat futures again held in tight trading ranges during the overnight session.
Corn futures are lower with soybeans firmer and wheat mixed to start the week. Cattle futures are mildly firmer and lean hog futures are choppy with seller interest limited...
Corn, soybeans and wheat held in relatively tight trading ranges during a quiet overnight session.
Corn, soybean and wheat futures are mildly firmer and near their overnight highs this morning as tensions in the Middle East intensify.
Corn, soybean and wheat futures were relatively quiet during the overnight session as traders await USDA’s October crop reports later this morning.
Basis firmed for both corn and soybeans over the past week.
Uncertainties included difficulties estimating the state of financial markets, potential oil price shocks and the impact of labor union strikes on the economy, among other factors.

Brian Grete