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Corn and soybeans underwent heavy selling pressure throughout the session, despite corrective buying in the wheat and cotton markets. Livestock fell under pressure as well, as cattle saw selling and hogs continue to fall
Corn traded narrowly to the downside overnight, soybeans traded lower early but went into the break nearer session highs, while wheat saw sustained selling pressure.
Short-term trend turns bearish for U.S. dollar index.
Corn modestly favored the downside overnight, while soybeans and wheat failed to sustain early price strength and have weakened this morning.
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After the Bell | December 15, 2023
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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.