Agriculture News
SRW wheat futures fell to contract lows overnight, while HRW and HRS contracts held above their recent lows. Corn followed wheat to the downside, while soybeans posted mild corrective gains.
Corn, soybeans and wheat firmed overnight while holding in relatively tight trading ranges.
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Corn and wheat futures pivoted around changed in light overnight trade, while soybeans favored the downside.
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Corn, soybeans and wheat mildly favored the downside during quiet overnight trade.
Corn and soybean basis remains slightly below average.
Grains traded on both sides of unchanged overnight, though a modestly firmer tone has developed in the corn and wheat markets while soybeans have weakened.
Other changes were relatively minor.
Corn, soybeans and wheat held in tight trading ranges during the overnight session as traders await USDA’s December crop reports later this morning.