Corn and wheat futures are higher with soybeans under light selling pressure. Cattle futures are higher with lean hogs under pressure...
Corn and wheat futures traded higher on corrective buying overnight, while soybeans faced followthrough selling.
Corn, soybean and wheat futures held in tight price ranges in a lightly traded overnight session ahead of USDA’s reports later this morning.
Farrowing intentions suggest the expansion could be short-lived, but surging litter sizes could offset lower farrowings as they did during summer.
Corn and soybean futures pulled back from recent corrective gains, while wheat extended its price slide during overnight trade.
Soybean basis continues to plunge.
Corn and soybean futures firmed amid light corrective buying overnight. Wheat traded on both sides of unchanged overnight.
Corn futures held near unchanged, while soybeans and wheat posted mild gains during a quiet overnight session.
Illinois led the increase in condition ratings for both crops.
Corn and wheat futures open the week higher with soybeans under pressure. Cattle futures are lower with lean hog futures mixed.....

Brian Grete