Ahead of the Open
Highlights opening calls for the grain and livestock markets along with comments and key news items.
Wheat led weakness overnight with corn following to the downside.
The grain and soy complex traded in a tight range overnight, straying little from unchanged
Grains fell under modest pressure overnight while beans continue in a tight range.
Soybeans saw modest strength overnight and continue to trade in the recent sideways range.
Grains favored the downside overnight, giving up most of the gains seen on Tuesday following USDA reports.
Corn continues to lead weakness as funds cover positions ahead of today’s USDA reports.
Grains continue to lead weakness with both corn and wheat falling under pressure this morning
Corn, soybeans and wheat are each poised to work higher on a technical basis.
Soybeans led strength overnight and are trading above key resistance this morning.
Corn and wheat favored the downside overnight, continuing the tight correlation with crude oil futures.
Corn led strength overnight, following crude oil higher.
A volatile night of trade was capped with volatility spiking as rhetoric around the war in the Middle East is flip-flopping.
The grain and soy complex saw consolidation overnight.
Corn continues to lead strength with wheat and soybeans following to the upside.
Grains saw modest strength overnight while soybeans continue to fall under modest selling pressure.
Soybeans and corn saw modest strength overnight on corrective buying while wheat favored the downside.
Soybeans led weakness overnight amid concerns over China’s absence from the U.S. market following a meeting between the countries officials this weekend.
After showing relative weakness most of this week, wheat led strength overnight, challenging the psychological $6.00 mark.
Corn, soybeans and wheat continue to trend higher on the daily bar chart with corn and beans closing in on Monday’s highs.
Corn, soybeans and wheat surged higher overnight in a continuation of the ongoing uptrends.