Soybeans led weakness overnight and revisited this week’s lows.
Trade did not expect a change in corn stocks, but USDA surprised with a big increase to exports from already record levels.
Soybeans continue to lead weakness as technical sellers have taken hold of the market.
Soybeans continue to lead weakness as have been an anchor on corn and wheat prices over the past couple sessions.
Grains led strength overnight while soybeans favored the downside for the most part, but did see a substantial uptick in buying interest going into the break.
Corn led weakness overnight while soybeans struggled to maintain early bullish momentum.
Soybeans led strength overnight while corn struggled to overcome key technical resistance.
Corn, soybeans and wheat trended lower overnight following strength at the overnight open.
Corn, soybeans and wheat each favored the upside overnight but saw some profit-taking going into the break.
Corn, soybeans and wheat favored the upside in early overnight trade but have since turned lower.

Lane Akre