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Soybean futures seen firmer after reaching four-week high overnight, wheat also firmer, corn mixed.
Corn futures faced light followthrough selling in overnight trade, while soybeans firmed. Wheat futures are mixed to mostly firmer this morning.
After the Bell | April 19, 2022 Corn futures end lower after initial climb to 10-year highs; wheat down on profit-taking, soybeans mixed.
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Grain, soybean futures seen lower after fading under corrective pressure overnight; U.S. planting remains slow.
Overnight price action in the grain and soy markets was quiet and choppy.
Corn futures rally above $8 near a 10-year high amid broad commodity market rally; soybeans, wheat also surge.
The winter wheat CCI ratings are below the five-year averages, especially the HRW crop.
Corn posts new contract highs overnight as soybeans and wheat firm sharply. Cattle and hog futures are also higher to start the week.
Corn futures top $8, soybeans and wheat also high on concern over Ukraine war, U.S. weather.
Short-term trend turns bullish for SRW wheat, soyoil.
Mortgage payments as percentage of income in U.S. highest since 2008
Corn futures posted contract highs overnight, with front-month May futures poking above $8.00 – the 2013 high on the continuation chart that was matched earlier this year. Wheat and soybean futures were also strong.
Russia warns U.S. to stop sending weapons to Ukraine or risk ‘unpredictable consequences’
Nearby corn ends near 10-year high amid strong exports, supply concern; soybeans mixed, wheat sinks on profit-taking.
Davis Michaelsen and Brian Grete discuss the market action in this holiday shortened week...