News
Soybeans showed impressive strength throughout the session despite weakness in corn, wheat and cotton. Live cattle futures made multi-week highs though faded into the close. Hogs traded around unchanged.
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Corn, soybeans and wheat pivoted around unchanged most of the night, though wheat favored the downside into the break.
Corn, soybeans and wheat traded on both sides of unchanged in a quiet overnight session.
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Corn and wheat gapped higher overnight and showed continued strength, while soybeans traded on both sides of unchanged, though went into the break nearer session highs.
Large purchases from China during week ended Dec. 7 boosted wheat sales to 1.5 MMT during the week, a marketing-year high. China’s purchases totaled 1.12 MMT during the week.
Corn and wheat futures posted mild corrective gains throughout the overnight, while soybeans traded on both sides of unchanged.