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Corn and soybeans are expected to face profit-taking at the start of daytime trade, though supportive outside markets should limit selling.
Corn, soybean and wheat futures built on their strong finishes Tuesday during the overnight session.
Corn and soybean export inspections were well above the previous week, topping pre-report expectations by nearly 75,000 MT and 150,000 MT, respectively. Wheat inspections were near top-end estimates of 400,000 MT.
Corn, soybean and wheat futures are under pressure to start the week. Hog futures are slightly firmer with cattle futures under pressure...
Grain and soybean futures are called lower this morning after price pressure during overnight trade.
Grain markets traded solidly lower overnight, with wheat and soybeans leading price declines.
Producer Price Index Wednesday | Several Federal Reserve speakers this week
After the Bell | January 13, 2023 Corn and soybeans ended the week with impressive gains following USDA’s fresh updates on Thursday. Supportive outside markets continue to underpin gains.
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Egg prices get White House attention
Chinese exports fall, trade panel supports Mexico and Canada against U.S. and Eurozone industrial production bests expectations...
Soybeans faced light profit-taking pressure at the end of the overnight session, which is likely to spill over into the start of daytime trade.
Corn, soybean and wheat futures extended Thursday’s USDA report-driven gains overnight but buyer interest is fading this morning.
After the Bell | January 12, 2023 The grain and soy complex gained traction following a batch of mostly bullish data released by the USDA.