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Corn and wheat futures are expected to open higher amid Black Sea supply concerns after Russia attacked a Ukrainian port on the Danube River. Soybeans are expected to open lower on forecasts for improved weather.

Corn and wheat futures posted corrective gains overnight after Russia attacked a key Ukrainian port but have come well off their highs this morning. Soybeans initially traded higher but have weakened.

After the Bell | August 1, 2023

This month’s rise was primarily the result of farmers’ improved perception of current conditions on their farms.

Crop conditions continue lower, China fights yuan depreciation and cash hogs rebound slightly...