Wheat futures are expected to lead gains in the grain markets, though outside markets could restrict buyer interest.
Wheat futures posted strong gains overnight after a major dam in Ukraine was destroyed. Corn and soybeans traded solidly higher on lower-than-expected crop condition ratings.
CCI ratings for corn and beans below year-ago, spring wheat rated better than last year.
Wheat futures are leading gains in grains and oilseeds. Cattle futures are higher to start the week with hog futures under pressure...
Corn, soybeans and wheat are expected to open firmer after favoring the upside overnight.
Relatively quiet two-sided price action was seen in the grain and soy markets during overnight trade.
Corn is expected to open lower, with soybeans likely to trade mildly firmer and wheat mixed.
Corn futures are extending losses early this morning, while beans and wheat are mixed.
Drought continues to spread from west to east across major U.S. corn and soybean areas.
Corn, soybean and wheat futures are expected to open sharply higher following strength overnight and on weather concerns.

Brian Grete