The grain markets saw limited volatility overnight, with corn seeing slight buying into the break, soybeans seeing mild selling pressure and wheat facing profit taking from Tuesday’s rally.
Corn traded narrowly to the downside overnight, soybeans traded lower early but went into the break nearer session highs, while wheat saw sustained selling pressure.
Corn and wheat gapped higher overnight and showed continued strength, while soybeans traded on both sides of unchanged, though went into the break nearer session highs.
Wheat futures led the way higher overnight, as soybeans and corn both saw spillover strength. The increase in export demand has encouraged buyers of each market.
