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Soybeans built on Monday’s gains during overnight trade, while the corn and wheat markets pulled back amid corrective selling.

The SRW CCI rating was also well below average for the end of October.

After the Bell | October 31, 2022 Grains rally after Russia withdrawal from Ukraine export agreement fuels supply concerns; soybeans also higher.

Weekly export inspections for week ended Oct. 27 were delayed this morning due to technical issues, but revealed figures for corn, soybeans, and wheat all within expected ranges with soybeans near the top end.

Wheat and corn futures are sharply higher with soybeans posting limited gains to start the week. Cattle futures are lower and lean hogs are narrowly mixed.

Wheat futures soar overnight after Russia withdraws from grain export deal; corn, soybeans also higher.

Short-term trend turns bullish for soymeal.

Russia again hits Ukraine infrastructure | U.S. says Putin back to using food as weapon

Wheat futures led strong overnight price gains in reaction to Russia’s temporary suspension of the Ukraine grain export deal over the weekend.