Ahead of the Open
Highlights opening calls for the grain and livestock markets along with comments and key news items.
Wheat saw corrective strength, soybeans saw modest selling within the recent sideways range and corn was caught in the middle during the overnight session.
Wheat led weakness overnight as July futures nearly tagged the contract low, while corn and soybeans followed to the downside.
Corn, soybeans and wheat each favored the upside in overnight trade though saw an increase in selling pressure in the latter portion of the session.
Soybeans continue to lead strength while corn saw corrective buying overnight.
Soybeans saw relative strength overnight, building on Trump’s seeming change of attitude towards China.
Soybeans saw relative strength overnight while grains saw persistent selling pressure for the most part.
Corn, soybeans and wheat favored the upside in overnight trade despite an overall risk-off tone in the general marketplace.
Corn, soybeans and wheat traded in narrow ranges overnight and were supported by strong export sales this morning, as each went into the break near session highs.
Corn, soybeans and wheat each rebounded from Tuesday’s selling pressure in the overnight session and went into the break near session highs.
Soybeans led weakness overnight with wheat following to the downside. Corn futures favored the upside but faded to just fractionally higher into the break.
Wheat futures led weakness overnight with corn following to the downside.
Corn, soybeans and wheat each showed resilient strength overnight with wheat rebounding from yesterday’s weakness and posting the strongest gains.
Corn, soybeans and wheat each favored the upside in followthrough buying overnight.
The grain and oilseed markets shook off extensive selling pressure in equity futures overnight, each posting gains in the overnight session.
Corn, soybeans and wheat each posted solid gains overnight alongside most risk assets.
Volatility continues to run rampant across the marketplace, dictating much of the price action in the grain and soy markets.
Grains showed some strength early in the overnight session but reports of China increasing tariffs on U.S. goods sent the grain and oilseed markets spiraling lower alongside most U.S. assets this morning.
Corn, soybeans and wheat each gapped lower on last night’s open as tariffs proved to be more restrictive than expected.
Corn, soybeans and SRW wheat each favored the downside in overnight trade.
Corn led strength overnight as corn and wheat both extended Monday’s report driven gains. Soybeans followed to the upside.