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Corn, soybeans and wheat held in tight ranges during the overnight session that saw two-sided trade.
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Impact: Shortage of finished products or shipments of expected grain
Corn, soybeans and wheat each saw corrective buying most of the overnight session, though selling pressure increased into the break.
Soybeans led a round of corrective gains in grain and soy futures during the overnight session.
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Corn, soybeans and wheat each favored the downside overnight, with soybeans negating most of Monday’s surge.
Corn, soybeans and wheat traded higher at points overnight but have adopted a mostly weaker tone this morning.
Weekly soybean inspections during the week ended June 20, rose modestly on the week and were near the upper end of the pre-report range, while corn and wheat inspections each declined from the previous week.
Corn, Soybeans and wheat futures open the week under pressure. Livestock futures are mostly lower...
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Corn and wheat traded around unchanged most of the overnight session though selling accelerated this morning, while soybeans traded higher most of the night before turning lower into the break.
Soybeans mildly firmed overnight, while corn and wheat failed to stray far from unchanged in two-sided trade.
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