Grain markets are under heavy pressure with livestock futures choppy to start the week...
Favorable weather triggered an active round of selling in grains to kick off trade after the holiday weekend.
Corn, soybeans and the winter wheat markets extended Wednesday’s strong gains during overnight trade.
Corn futures faced followthrough selling overnight, though remaining above Tuesday’s contract lows.
Corn conditions unexpectedly improved to the highest rating for this time of year since 2018.
Corn futures are weaker with soybeans higher and wheat futures choppy. Livestock futures open the week under pressure...
Corn, soybeans and wheat traded on both sides of unchanged in a relatively light overnight session as traders await USDA’s reports later this morning.
All three markets are poised for sharp losses for the week.
U.S. dollar index falls to lowest level since February as President Trump eyes early Fed chair announcement.
Corn futures posted contract lows amid continued selling.

Brian Grete