Agriculture News
Wheat futures posted mild corrective overnight, while soybeans traded mixed and corn faced followthrough selling.
Corn and soybean sales each missed their respective pre-report range for week ended April 13, though weekly wheat sales of 259,000 MT were 1 MT short of topping the pre-report range.
Grain and soy futures will face active followthrough selling after losses overnight and disappointing weekly export sales.
Corn, soybean and wheat futures extended recent losses overnight amid a lack of supportive news and elevated risk aversion.
Highlights of agricultural conditions across the 12 Fed districts.
Grain and soy futures will face pressure from corrective selling and negative outside markets.
Corn, soybean and wheat futures pulled back from gains earlier this week amid corrective selling overnight and negative outside markets.
Inspections of vessels waiting to exit or enter the Ukrainian Black Sea were suspended for a second day in a row. . .
Soybeans are expected to open higher on followthrough buying. Mixed trade is likely in corn and wheat.
Soybean futures led a round of followthrough buying during overnight trade.