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Corn futures fell to fresh contract lows overnight, dragging wheat lower as well. Soybeans fell to contract lows though saw corrective buying into the break.

No changes to the short-term chart trends this week.

Corn, soybeans and wheat traded lower overnight, with nearby corn and soybeans falling to new contract lows.

SAF details coming by March 1 | Vilsack testifies Wed. | Senate WRDA hearing | WTO ministerial meeting

Placements declined from year-ago levels for a third straight month – a trend that will continue.

After the Bell | February 23, 2024

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Houthis harangue shippers, Congressional squabbling delays funding bill and China’s new home prices decline...

Houthi ship attacks | U.S. boosts sanctions on Russia | Fedspeak | Natgas prices | Election updates

Corn and soybeans gave up early corrective gains overnight, though wheat holds onto marginal gains. Weak export sales across the board helped spur selling pressure this morning.