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Grain markets traded solidly lower overnight, with wheat and soybeans leading price declines.
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After the Bell | January 13, 2023 Corn and soybeans ended the week with impressive gains following USDA’s fresh updates on Thursday. Supportive outside markets continue to underpin gains.
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Soybeans faced light profit-taking pressure at the end of the overnight session, which is likely to spill over into the start of daytime trade.
Corn, soybean and wheat futures extended Thursday’s USDA report-driven gains overnight but buyer interest is fading this morning.
After the Bell | January 12, 2023 The grain and soy complex gained traction following a batch of mostly bullish data released by the USDA.
Dec. 1 stocks, final 2022 production estimates and ending stocks lower than expected for corn and soybeans.