News
Wheat futures extended Wednesday’s losses overnight. Corn and soybeans posted two-sided trade, with corn weaker and soybeans firmer early this morning.
Corn and soybean basis each dropped over the past week, but the respective cash prices surged.
Corn, soybean futures close near 10-year highs on demand optimism, Ukraine concern; winter wheat tumbles again.
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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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