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Wheat futures are expected to open lower after price pressure overnight. Corn is called steady/firmer, while soybeans are likely to be mixed.

Soybeans faced followthrough selling during overnight trade, while corn and wheat pulled back from Tuesday’s gains.

After the Bell | May 23, 2023

Colorado River basin states reach agreement on water cutbacks

Corn and wheat futures are expected to open higher. Soybeans are called lower after mild weakness overnight.

Soybean futures pulled back from Monday’s strong gains during overnight trade, while the corn and wheat markets have firmed after earlier trading lower.

CCI ratings remain historically low for the HRW crop and above average for SRW.

After the Bell | May 22, 2023