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Cattle futures led strength today while uncertainty was featured across the grain and soy complex.
Corn and wheat posted modest gains overnight, trading in tight ranges. Soybeans favored the downside, though buying interest in all three increased into the break.
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Grains traded on both sides of unchanged overnight, though a modestly firmer tone has developed in the corn and wheat markets while soybeans have weakened.
Corn and cattle futures showed impressive strength today, leading the ag complex higher.
Soybeans favored the upside while wheat modestly favored the downside in overnight trade, with corn caught in the middle.
Corn, soybeans and wheat held in tight trading ranges during the overnight session as traders await USDA’s December crop reports later this morning.
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Corn led strength in the grain and soy complex today. Cattle futures favored the upside as well.