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Tuesday’s corrective buying in the grain and soy markets dried up overnight, as corn, soybeans and wheat faced price pressure.

After the Bell | February 20, 2024

Weekly corn inspections during the week ended Feb. 15 rose a modest 26,000 MT, while soybean and wheat inspections declined on the week.

Corn, soybeans and wheat are favoring the upside to start the week. Cattle futures are choppy with lean hogs pointed higher...

Soybeans continued Friday’s strength overnight, leading corn and wheat to corrective gains as well.

No changes to short-term trends for grain and livestock markets.

Soybeans built on last Friday’s gains during overnight trade, while corn and wheat followed to the upside amid corrective buying.

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Lots of work to do but Congress out, again, on extended break