Ahead of the Open
Highlights opening calls for the grain and livestock markets along with comments and key news items.
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.
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.