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Corn and soybeans saw fresh selling overnight, while wheat saw limited corrective buying, though went into the break off session highs.
Corn chopped around unchanged overnight while soybeans favored the upside though went into the break well off session highs. Wheat favored the downside as rumors circulated that Russia may rejoin the Black Sea grain deal
Soybean futures firmed amid corrective buying overnight, while wheat declined and corn chopped around unchanged.
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Corn and soybeans favored the downside overnight, though wheat futures saw continued strength.
Corn and soybean futures failed to build on Monday’s gains and traded lower overnight, while wheat had a mixed tone.
Corn-for-ethanol use totaled 442.6 million bu. during August, according to USDA.
After the Bell | October 2, 2023 The grain complex saw short-covering efforts despite a surging U.S. dollar and crude oil weakness.