News
Survey finds financial conditions weakest in crop areas
Corn and soybean basis firmed while cash prices dropped.
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Soybeans led weakness overnight, with corn and wheat following to the downside. Buying interest in wheat picked up into the break.
Corn, soybeans and wheat were pressured overnight by a stronger U.S. dollar and a lack of supportive news.
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Wheat futures led strength overnight with corn posting modest gains as well. Soybeans showed relative weakness.
Corn and wheat futures mildly extended Monday’s gains during overnight trade, while soybeans failed to find sustained followthrough buying.