Ahead of the Open
Highlights opening calls for the grain and livestock markets along with comments and key news items.
Corn and soybeans opened higher overnight but struggled to hold onto gains, while wheat saw relative strength overnight.
Grains saw relative strength overnight as crop conditions for corn, spring wheat and winter wheat were all below expectations.
Soybeans saw relative strength overnight, wheat saw relative weakness and corn was caught in the middle.
Corn, soybeans and wheat each saw modest losses most of the overnight session though selling efforts accelerated in corn and beans following this morning’s posts from President Trump regarding EU tariffs.
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.
Corn, soybeans and wheat each traded higher in early overnight trading on reports that the U.S. and China will be meeting to discuss trade.
Winter wheat futures led strength overnight with old-crop corn following to the upside.
Corn and wheat led weakness overnight while the downside was limited in soybeans by technical support.
Wheat futures led strength overnight with corn and soybeans following to the upside.
Corn led strength overnight while wheat and soybeans saw action on either side of unchanged.
Soybeans favored the downside overnight while corn and soybeans saw action on either side of unchanged.