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Soybeans saw relative strength today while wheat and corn traded lower. Hogs saw modest strength while cattle futures saw profit-taking.
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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.
Other changes were relatively minor.
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.
Corn, soybean and wheat futures open the week working higher. Cattle futures are higher with lean hogs choppy to start the week...
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