Ahead of the Open
Grains saw relative strength overnight though saw a modest increase of selling pressure going into the break.
Corn, soybeans and wheat each opened lower overnight but recouped most of the losses and are trading nearer session highs.
Soybeans broke higher, out of the recent sideways trading range overnight.
Grains led strength overnight, led by the wheat market. Soybeans lagged behind and continue to trade in a tight range.
Corn, soybeans and wheat each posted gains overnight, making up a portion of Friday’s losses.
Wheat continues to lead strength. Old-crop corn saw impressive strength this morning following higher than expected export sales.
Grains continue to lead weakness while soybeans see relative strength.v
Soybeans consolidated from Monday’s surge higher overnight while grains continue to show relative weakness.
Soybeans led strength overnight amid a U.S. and China 90-day pause on tariffs.
Corn and soybeans saw strength overnight, led by corrective strength in the old-crop/new-crop calendar spreads.
Soybeans led overnight strength as optimism surrounding this weekend’s talks between the U.S. and China lifted prices, while corn and wheat reluctantly followed to the upside.