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Corn and soybeans firmed after initially trading lower overnight, while wheat futures favored the downside in two-sided price action.

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After the Bell | January 10, 2023 Grains ended the session mostly lower in anticipation of USDA’s final estimates to the 2022-23 crop on Thursday.

USDA will release its Annual Production Summary, Supply & Demand Report, Winter Wheat Seedings and Quarterly Grain Stocks Report on Thursday.

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Bears tightened their grip on the grain and soy markets overnight after a disappointing finish on Monday. Lower price action is expected this morning.

Heavier selling pressure was seen in grain and soy futures overnight, especially the soybean and winter wheat markets, after disappointing finishes on Monday.

After the Bell | January 9, 2023