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Grain and soy futures traded solidly lower overnight, which is expected to spill into daytime trade.

Wheat futures led losses as grain and soy futures extended this week’s declines overnight.

Basis for both corn and soybeans dropped over the past week but remained positive and above average.

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After the Bell | April 4, 2023

Concerns with the commodity price outlook and interest rates weakened farmer sentiment.

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Corn and soybeans are expected to trade lower. Wheat futures are called firmer, though spillover pressure will limit buyer interest.

Wheat futures were supported overnight by the bigger-than-expected decline in crop condition ratings, while corn and soybeans faced mild selling pressure.

The HRW CCI rating is well below last fall and year-ago. The SRW rating is above both last fall and last year.

After the Bell | April 3, 2023

Wheat export inspections in week ended March 30 were reported at 168,543 MT, missing the low-end of the pre-report range by over 130,000 MT. Corn inspections were notable, but still lag last year's pace by nearly 37%.

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Corn, soybeans and wheat are expected to open higher after strong gains overnight amid support from surging crude oil futures.

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Short-term trends turn bullish for corn, soybeans, live cattle and feeder cattle

Corn, soybeans and wheat posted active followthrough buying overnight on help from surging crude oil futures.

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After the Bell | March 31, 2023

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Soybean planting intentions and March 1 stocks came in lower than expected.

USDA's Quarterly Stocks data showed figures lower than the average trade guess, sending the soybean market higher, while the news also led corn higher, though gains have been capped by higher-than-expected acres.

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Quiet trade is expected ahead of USDA's Prospective Plantings and Quarterly Grain Stocks Reports at 11 a.m. CT.

Price action was relatively quiet in the grain and soy markets overnight as traders await key USDA report data later this morning.

Data was mostly neutral and shouldn't have a direct impact on trade Friday.

After the Bell | March 30, 2023

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Grain and soy futures are expected to open with a firmer tone this morning on support from HRW crop concerns and bullish corn export demand news as there was another daily corn sale to China.

USDA reported weekly soymeal sales of 377,900 MT in week ended March 23, which was up noticeably over the previous week and 81% from the four-week average.

Price action was light and two-sided overnight, but a mostly firmer tone has developed this morning.

March Iowa Chapter of the RLI finds slight boost in farmland values.

Most cash wheat prices post a big rebound.

Corn and soybean basis firmed despite strong rises in cash prices.

After the Bell | March 29, 2023

FAPRI's baseline projections are based on data as of January.

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China continues its big purchases of U.S. corn with another daily sale today

Wheat futures will lead the ongoing price recovery in the grain and soy markets as Cargill says it will cease Russian grain shipments starting July 1.

Wheat futures extended their recent corrective gains overnight. Corn followed to the upside while soybeans pivoted around unchanged.

After the Bell | March 28, 2023

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HRW wheat conditions are still below when the crop entered dormancy and historically low.

Soybeans and wheat extended Monday's gains overnight. Corn modestly pulled back but there was another daily old-crop corn export sale that could provide support during daytime trade.

Soybeans extended Monday’s strong gains overnight, while corn modestly pulled back and wheat traded narrowly on both sides of unchanged.