Agriculture News
Soybeans and wheat extended Thursday’s losses overnight, while corn mildly bounced after holding support at yesterday’s lows.
Corn, soybeans and wheat held in relatively tight trading ranges in quiet overnight price action.
USDA’s January crop reports tend to swiftly move markets since there’s so much data.
Wheat futures are trading low range this morning, while corn and soybeans are near midrange.
Aside from wheat, chart trends for grain and soy complex futures remain bullish.
Access this week’s newsletter here.
Wheat futures extended their sharp price drop overnight, while corn and soybeans also declined.
Slight deterioration in HRW, improvement in SRW
Corn, wheat and soybean export sales below expectations