News
Grain, soybean futures expected firmer on weather concern, dollar weakness as traders await USDA reports.
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Soybeans have posted net sales reductions for 2021-22 for six of the past seven weeks.
Two-sided trade was seen in a relatively quiet overnight session, but corn, soybeans and wheat are firmer and near their session highs this morning.
Corn and soybean basis inched lower over the past week but remained historically strong.
Soybeans fade from sharp gains, end lower as some forecasts boost Midwest rain prospects; corn and wheat firmer.
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Soybean futures reach highest prices in over a week on weather concern; corn and wheat also higher.