Ahead of the Open
Corn found stiff technical resistance at the 10-day moving average overnight, which pushed prices off recent highs.
Wheat saw relative strength overnight while corn and soybeans gapped lower and faced followthrough selling.
Corn and soybeans saw followthrough gains overnight, challenging the recent downtrends.
Soybeans saw relative strength overnight, supported by continued strength in soyoil.
Corn and soybeans led weakness overnight as good crop conditions and a favorable forecast weighed heavily on prices.
Grains led weakness overnight while soybeans saw relative strength, supported by gains in soyoil.
Corrective strength was featured across the grain and soy markets overnight.
Consolidation was featured across the grain and soy markets overnight following recent heavy selling pressure.
Persistent selling continues across the grain and soy markets, with corn leading the way lower overnight, marking a fresh contract low.
Wheat continues to lead weakness following last week’s peak, while corn and soybeans followed to the downside.
Soybeans saw strength to start the overnight session but have since faded lower.