After the Bell
Corn soybeans and SRW wheat each notched weekly losses as technical pressure continues to curb buyer interest, though SRW futures notched a promising daily gain despite followthrough strength in the U.S. dollar.
Broad-based selling was featured across the grain and soy complexes to begin the week as mostly favorable U.S. weather conditions bode well for production prospects.
Corn, soybeans and wheat each posted strong gains to end the week while livestock markets ended the day mixed in light volume trade.
The livestock markets rebounded from Monday’s losses today. Corn and soybeans saw modest gains but closed off session highs. Wheat and cotton continue to face selling pressure.