Brian Grete

Soybeans are expected to modestly favor the upside, while corn and wheat are called lower this morning.
Grain markets traded in relatively narrow ranges overnight as soybeans modestly firmed, while corn and wheat declined.
Corn and soybean basis is stronger than the respective three-year averages.
Grain and soy markets are expected to open modestly firmer amid corrective buying.
Corn, soybeans and wheat regained a portion of Tuesday’s losses during overnight trade.
Corn, soybeans and wheat are expected to open lower this morning after overnight price pressure.
Corn and soybeans traded lower overnight after USDA raised crop condition ratings more than anticipated Monday afternoon. Wheat faced followthrough selling amid a lack of supportive news.
The corn CCI is now above year-ago, while the soybean rating is virtually equal to last year at this time.
Soybeans are posting strong gains with corn and wheat under pressure. Cattle futures are modestly weaker with lean hogs choppy…
Soybeans are expected to open firmer, while corn and wheat are called lower.