Ahead of the Open
Highlights opening calls for the grain and livestock markets along with comments and key news items.
Corn, soybeans and wheat each saw continued corrective gains overnight, with corn and wheat both supported near the break by export sales coming in above expectations.
Corn, soybeans and wheat each saw limited volatility overnight, mildly favoring the downside. Each are trading near their for-the-move lows.
Corn and soybeans continue to face persistent selling pressure while wheat futures turned lower as well despite early corrective gains overnight.
: Soybeans surged on corrective gains overnight, wheat traded higher though saw profit-taking into the break and corn futures saw continued selling pressure though maintained Friday’s reaction low.
Corn, soybeans and wheat trended higher overnight on corrective gains, going into the break near session highs.
Corn and wheat traded narrowly near unchanged most of the night, while soybeans favored the upside, though pared gains into the break.
Grains saw renewed selling pressure overnight, negating much of Tuesday’s rally in corn and soybeans, though wheat futures pared overnight losses into the break.
The grain and soy markets saw corrective buying most of the overnight session, though sellers reemerged into the break, breaking prices near session lows.
Grains favored the downside overnight as soybeans continue to lead the complex lower.
Corn and wheat favored the upside most of the night but saw renewed selling into the break, while soybeans saw steady selling pressure most of the overnight session.
Grains traded in tight ranges overnight with corn, soybeans and wheat each favoring the downside.
Grain markets favored the downside overnight though went into the break near session highs.
Grain markets were closed overnight due to the holiday and are set to open at 8:30. A surging U.S. dollar index is likely to pressure both corn and wheat, while falling crop estimates are likely to support soybeans.
Corn and soybeans traded lower most of the overnight session while wheat favored the upside, though saw profit taking into the break.
Corn, soybeans and wheat traded near unchanged most of the night, though buying pressure increased into the break.
Corn, soybeans and wheat each saw losses overnight on light volume, though corn and beans each saw increased buying into the break.
Grain markets were closed overnight, though outside markets are supportive for a higher open this morning.
Corn, soybeans and wheat each favored the upside overnight with each firming into the break, as each saw little volatility overnight.
Wheat futures showed relative strength overnight despite weakness in the soy complex, while corn traded in a tight range.
The grain markets saw limited volatility overnight, with corn seeing slight buying into the break, soybeans seeing mild selling pressure and wheat facing profit taking from Tuesday’s rally.