Ahead of the Open
The grain market continues to lead strength while soybeans trade sideways.
July corn is pushing higher for the fifth consecutive session, leading strength, while wheat and soybeans saw relative weakness overnight.
Wheat led strength overnight, soybeans led weakness and corn was caught in the middle.
Corn futures continue to push higher and are leading strength, while soybeans followed to the upside overnight.
Soybeans led strength overnight with corn following to the upside. Both are trading near recent highs
Heightening tensions in the Middle East grabbed the attention of the marketplace overnight.
Corn, soybeans and wheat each favored the downside in overnight trade with selling pressure increasing going into the break.
Concerns over crop conditions driving the move
Corn futures led strength overnight while soybeans saw some late session buying following a social media post from President Trump.
Soymeal offering support with strong gains