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Basis turns slightly positive for corn and soybeans as cash prices continue to drop.

After the Bell | January 17, 2024

Corn and soybeans continue to face persistent selling pressure while wheat futures turned lower as well despite early corrective gains overnight.

Corn and soybeans favored the downside in two-sided trade overnight, while the winter wheat markets posted modest corrective gains.

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After the Bell | January 16, 2024

USDA reported weekly export inspections of 1.264 MMT soybeans during the week ended Jan. 11, which rose 224,000 MT from the previous week. Meanwhile, corn and wheat inspections declined on the week.

Corn and soybeans are mildly higher with wheat futures mixed. Cattle futures are higher with hog futures under pressure to start the week...

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: Soybeans surged on corrective gains overnight, wheat traded higher though saw profit-taking into the break and corn futures saw continued selling pressure though maintained Friday’s reaction low.