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Corn, soybeans and wheat spent time on both sides of unchanged while holding in tight trading ranges overnight.
After the Bell | October 5, 2023 A wheat rally led the grain complex higher after a cargo ship reportedly hit a sea mine outside the entrance of the Sulina Canal, while corrective gains in meal futures lifted soybeans.
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Corn and soybeans saw fresh selling overnight, while wheat saw limited corrective buying, though went into the break off session highs.
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Corn and soybeans faced fresh selling pressure during overnight trade, while wheat firmed amid light corrective buying.
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After the Bell | October 4, 2023 The grain and soy complex ended mostly lower amid strong selling in crude oil and rumors Russia is willing to re-enter the Black Sea grain deal.
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Corn chopped around unchanged overnight while soybeans favored the upside though went into the break well off session highs. Wheat favored the downside as rumors circulated that Russia may rejoin the Black Sea grain deal
Soybean futures firmed amid corrective buying overnight, while wheat declined and corn chopped around unchanged.
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Corn and soybeans favored the downside overnight, though wheat futures saw continued strength.