Ahead of the Open
Highlights opening calls for the grain and livestock markets along with comments and key news items.
Corrective strength was featured across the grain and soy markets overnight.
Consolidation was featured across the grain and soy markets overnight following recent heavy selling pressure.
Persistent selling continues across the grain and soy markets, with corn leading the way lower overnight, marking a fresh contract low.
Wheat continues to lead weakness following last week’s peak, while corn and soybeans followed to the downside.
Soybeans saw strength to start the overnight session but have since faded lower.
Corn and soybeans favored the upside overnight, which wheat saw profit-taking following Wednesday’s big push higher.
Wheat saw relative strength, soybeans consolidated near recent highs and corn saw moderate weakness overnight.
Winter wheat saw relative strength overnight which helped pull new-crop corn futures higher.
Grains saw relative weakness overnight while soybeans were supported by robust followthrough gains in soyoil following Friday’s limit higher close.
Corn, soybeans and wheat each traded higher early in the overnight session, supported by strength in the overall commodity marketplace as Israel launched a widespread attack against Iran.
Corn, soybeans and wheat each favored the downside early in the overnight session but saw an increase in buying interest this morning.
Corn and wheat led strength overnight, while soybeans are challenging key technical resistance.
Corn and wheat led weakness overnight though saw an increase in buying going into the break.
Grains led weakness overnight while soybeans saw relative strength.
Corn, soybeans and wheat each traded on either side of unchanged overnight.
Grains saw relative strength overnight though saw a modest increase of selling pressure going into the break.
Corn led strength overnight, posting impressive gains this morning, while soybeans and wheat followed to the upside.
Corn, soybeans and wheat each traded lower in the overnight session but have since rebounded and traded higher into the break.
Wheat futures led strength overnight with corn following to the upside.
Soybeans led weakness overnight while corn and wheat struggled to hold onto early overnight strength.