Soy futures are expected to open firmer on support from an Argentine grain inspector strike at ports. Corn and SRW wheat are also expected to trade higher, while HRW and HRS wheat futures will likely face light selling.
Soybean futures are trading solidly higher, while corn is mostly firmer and wheat futures are mixed to open the week.
Grain and soy markets are expected to favor the downside this morning, though corn could find some support from daily export sales to China.
Soybeans faced pressure overnight after a poor close on Thursday, while wheat traded mostly lower and corn was narrowly mixed.
Soybeans are expected to open higher, with wheat likely to face pressure. Corn will be caught in the middle but could pull support from daily export sales to China.
Soybean futures extended this week’s price gains overnight, while wheat traded lower and corn was mixed.
Cash cattle prices reached an all-time high. Choice beef prices also surged, but are still far from their peak.
Wheat futures are expected to lead price gains amid HRW crop concerns and on support from outside markets.
Corn and wheat futures rebounded from Tuesday’s losses overnight, while soybeans pulled back from yesterday’s gains.
Positioning is expected ahead of USDA’s April crop reports at 11 a.m. CT.

Brian Grete