Corn and wheat are mildly firmer with soybean futures choppy this morning. Livestock futures are slightly softer to start the week...
Corn rebounded from fresh contract lows, while soybeans bounced from a drop below $10.
Corn, soybeans and wheat traded on both sides of unchanged during the overnight session but are mildly weaker early this morning.
Corrective buying in wheat futures early this morning helped pull corn and soybeans off their overnight lows.
Corn and soybeans tried to work higher on corrective buying at points overnight but favorable weather and trade uncertainties kept buyer interest limited.
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.

Brian Grete