News
Corn, soybeans and wheat held in tight trading ranges during light, two-sided overnight price action.
The corn and spring wheat CCIs slipped from their initial ratings, while the first rating for soybeans was strong.
Corn, soybean and wheat export inspections during the week ended June 6, each notched a weekly decline, with soybean inspections marking the greatest drop, down 130,215 MT from the previous week.
Wheat futures are sharply lower. Corn and soybeans are mostly steady to slightly higher. Live and feeder cattle futures are sharply higher with lean hogs under pressure to start the week...
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Corn and soybeans rebounded from Friday’s losses overnight while wheat continues to face sharp selling pressure.
Short-term trend turns sideways for corn, live cattle and feeders.
Corn and soybean futures trade on both sides of unchanged overnight but have firmed and are near session highs this morning. Wheat faced followthrough selling overnight.
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Wheat futures led weakness overnight, dragging corn and soybeans lower. Corn and beans remained within Thursday’s range overnight.
Winter wheat futures faced moderate to heavy selling pressure overnight, while milder losses were posted in corn, soybeans and spring wheat.
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Corn, soybeans and wheat each posted corrective gains overnight, with corn leading the way higher. The open has brought selling pressure most of this week, a change of that trend will be key.