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Soybeans led the way higher, wheat saw weakness and corn was caught in the middle overnight. Each traded contrary to yesterday’s price action.
Soybean futures reversed losses from the past two days during overnight trade, while corn and wheat faced price pressure.
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Wheat led the way higher, soybeans faced selling pressure and corn was caught in the middle overnight.
Corn, soybeans and wheat held in tight ranges during quiet, two-sided overnight trade.
Weekly wheat and soybean inspections during the week ended March 14 fell 164,665 MT and 98,672 MT, respectively, from the previous week. Meanwhile, corn inspections rose nearly 73,000 MT.
Corn and wheat futures are higher this morning with soybeans working to the upside. Livestock futures are higher to start the week...
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Wheat futures led to the upside overnight with corn posting mild gains. Soybeans favored the downside though pared losses into the break.
Corn and wheat futures posted mild gains amid corrective buying overnight, while soybeans weakened following earlier strength.