Ahead of the Open
Wheat continues to see relative weakness, though prices continue to trade within last Friday’s range.
Corn, soybeans and wheat each traded in relatively tight ranges overnight following Monday’s big price swings.
Soybeans continue to garner the most market attention as traders wait to see what the ramifications of Friday’s Supreme Court ruling are.
Wheat continues to lead strength while corn and soybeans followed the market higher overnight.
Wheat pushed to multi-month highs overnight and are leading strength.
Soybeans climbed to a 3-month high overnight and continue to lead strength.
Corn, soybeans and wheat each favored the downside overnight with wheat seeing relative weakness.
Corn, soybeans and wheat each saw modest selling pressure overnight, negating much of Thursday’s strength in the latter two.
Soybeans led the way higher on optimism around Chinese imports of U.S. beans.
Corn and soybeans saw modest selling pressure overnight while wheat saw relative strength.