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Soybeans led strength overnight while corn and wheat saw modest selling pressure.
Our short-term, intermediate- and long-term trends for commodity and key outside markets.
Soybeans posted corrective gains during overnight trade, while corn and wheat mildly favored the downside.
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Corn traded narrowly near unchanged most of the overnight session before climbing higher into the break, soybeans favored the downside but firmed this morning, wheat saw relative weakness.
New crop corn sales exceeded pre-report expectations by more than 400,000 MT during the week ended Aug. 29, while soybean sales were also notable at 1.66 MMT.