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Corn, soybeans and wheat faced light selling pressure early in the overnight session but have firmed this morning with wheat leading the move higher.
The underlying data was bullish as the U.S. cattle herd contracted further — and will continue to do so.
Updates on border security, tax package measures
Pushback is evident as ag stakeholders await next steps in long farm bill process
Corn, soybeans and wheat each saw renewed selling pressure following Tuesday’s corrective gains, with wheat futures leading the way lower.
Corn, soybeans and wheat pulled back from Tuesday’s strong corrective gains during overnight trade.
HRW crop ratings improvements over the past month were led by top producer Kansas and Nebraska.
Haley takes on Trump’s proposed ATB tariffs on all imports; AEI panel addresses trade issues
Corn, soybeans and wheat each favored the downside most of the overnight session, though saw corrective gains into the break with soybeans leading the way higher.