Ahead of the Open
Strong gains in wheat led the corn market modestly higher overnight, while soybeans continued to struggle against technical resistance. Each saw increased selling into the break.
Corn, soybeans and wheat each favored the upside overnight, though corn and soy went into the break well off session highs.
Soybeans led the way higher, wheat saw weakness and corn was caught in the middle overnight. Each traded contrary to yesterday’s price action.
Wheat led the way higher, soybeans faced selling pressure and corn was caught in the middle overnight.
Corn and soybeans saw continued selling pressure overnight, while wheat posted modest corrective gains. Each saw selling pressure into the break.
Corn and wheat faced selling pressure overnight while soybeans continued to show relative strength.
Corn, soybeans and wheat each pulled back from Tuesday’s gains overnight, continuing the norm of overnight weakness. Each is near pivotal resistance.
Corn and wheat saw corrective selling most of the overnight session though pared losses into the break, while soybeans posted modest gains.
Corn, soybeans and wheat each drifted lower on low volume in overnight trade, giving up a portion of Friday’s gains.
Corn and soybeans saw modest corrective selling overnight on light volume, while wheat futures consolidated near contract lows.
Grain and soy markets surged overnight, each would mark a significant reversal if gains are sustained throughout today’s session.