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Corn and wheat favored the upside overnight and made new highs, while soybeans faced profit-taking.
Corn and wheat futures mildly favored the upside overnight and are trading near session highs early this morning while soybeans have slipped a little.
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The barometer’s rise was primarily attributable to a 9-point rise in the Current Conditions Index amid a rise in commodity prices.
Soybeans and wheat saw profit-taking overnight following yesterday’s impressive gains, while corn traded on either side of unchanged.
Trump’s trade wants from Canada & Mexico include accelerated USMCA renegotiation
Corn, soybeans and wheat favored the downside overnight as traders closely monitored the fluid tariff/trade situation.