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Corn, soybeans and wheat each saw selling pressure overnight and went into the break near session lows with soybeans leading the way lower.
Selling pressure built through the overnight session, with corn, soybeans and wheat trading near session lows earlier this morning.
Our updated monthly and quarterly price forecasts.
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Corn mildly favored the upside overnight, fueled higher into the break by export sales coming in above expectations at a marketing year high, while wheat and soybeans were slightly lower.
Weekly corn, soybean and wheat sales for week ended Nov. 23 each topped pre-report expectations and rose notably from the previous week.
Corn, soybeans and wheat again traded in relatively tight ranges during a quiet overnight session.
Basis remains well below average for corn and soybeans.
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Soybeans and wheat saw continued followthrough buying overnight, while corn continues to struggle garnering strength, though losses remain limited.
ERP for 2022 ‘suspended’, applications being taken but processing of payments on hold
Corn, soybeans and wheat held in relatively tight ranges during a quietly traded overnight session.
Cordonnier leaves Brazilian crop estimates unchanged, Russia mulls export ban and the WTO will review duties on biodiesel imports...
Corn, soybeans and wheat each saw corrective buying overnight with soybeans leading the way higher. Corn and wheat continue to struggle garnering much bullish momentum despite both markets being oversold.