Ahead of the Open
Highlights opening calls for the grain and livestock markets along with comments and key news items.
USDA reported daily sales of 330,000 MT of soybeans for delivery to China during the 2026-27 marketing year.
Profit-taking was seen across the grain and soy complex overnight, with technical support limiting the downside thus far.
Soybeans and wheat turned lower
Grains firmed as outside markets remained friendly
Corn and SRW also notched minor gains
Corn followed higher, while winter wheat classes were mixed
China continues to chip away at soybean purchases
Mild corrective pullbacks following yesterday’s gains
Corn, soybeans slightly higher on spillover strength from wheat
Flash sales of soybeans and meal may offer support
Position-evening continues to drive price action
Corn, soybeans and wheat each traded in tight ranges overnight, straying little from unchanged.
Wheat saw corrective strength overnight while corn and soybeans continue to slid lower.
Corn, soybeans and wheat each favored the downside in overnight trade and are giving up most of yesterday’s gain.
Corn and soybeans have negated their summer rallies and are beginning to trend lower on the daily bar chart.
Corn, soybeans and wheat are each trading near recent lows with wheat leading the way lower this morning.
Corn and soybeans reluctantly followed wheat higher after hitting support levels early in the overnight session.
Wheat saw relative strength overnight.
Soybeans and wheat saw selling pressure overnight though did see an increase in buying going into the break.