Wheat futures led overnight weakness, though corn recovered to unchanged at the break. Soybeans recovered from overnight lows but are still facing losses.
Corn and soybeans saw buying overnight, bringing both markets on technical resistance into the break. SRW futures made a new contract low overnight, with wheat futures falling across the board.
Buying was seen across the grain markets overnight, follow-through buying after the break will be key in determining if buying is just a corrective bounce or if an interim low could be in place.
