News
Soybeans traded solidly higher overnight, while corn and wheat pivoted around unchanged in light trade.
The grain and soy markets saw corrective buying most of the overnight session, though sellers reemerged into the break, breaking prices near session lows.
Corn, soybeans and wheat recouped a portion of Monday’s losses during overnight trade.
Key dates for U.S., other countries in elections covering more than 40% global population
During the week ended Jan. 4, weekly wheat inspections topped pre-report estimates by over 140,000 MT, while soybean inspections were just shy of the pre-report range of 700,000 MT to 1.125 MMT.
Short-term trend turns bullish for live cattle and feeders.
Grain and soy futures favored the downside overnight - pressure continues this morning. Cattle futures are choppy with lean hogs mostly lower to start the week...
Study: Soda taxes slash sugar-sweetened beverage consumption by one-third in five cities
Grains favored the downside overnight as soybeans continue to lead the complex lower.
Grain futures posted two-sided trade overnight, though markets are mostly weaker this morning.