Grain and soybean futures are expected to open mostly lower following another week of disappointing export sales.
Corn, soybean and wheat futures held in tight ranges in quiet, two-sided overnight trade.
Corn basis improved along with a big jump in the cash price.
Beef stocks declined more than average, while pork inventories climbed more than normal during April.
Wheat futures are expected to open lower after price pressure overnight. Corn is called steady/firmer, while soybeans are likely to be mixed.
Soybeans faced followthrough selling during overnight trade, while corn and wheat pulled back from Tuesday’s gains.
Corn and wheat futures are expected to open higher. Soybeans are called lower after mild weakness overnight.
Soybean futures pulled back from Monday’s strong gains during overnight trade, while the corn and wheat markets have firmed after earlier trading lower.
CCI ratings remain historically low for the HRW crop and above average for SRW.
Corn and soybeans are expected to open higher, while wheat is likely to face followthrough selling after pressure overnight.

Brian Grete