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House clears debt-limit measure with ball now in White House, Senate Democrats’ court

Early corrective buying dried up overnight and grain/soy futures are trading lower and on session lows this morning.

Cash grain and soybean prices plunge.

Basis for corn and soybeans dropped despite a sharp decline in futures over the past week.

After the Bell | April 26, 2023

Poland maintains Ukraine grain transit embargo, CBO marks-up House bill and Russia continues to balk at grain export deal...

China leader Xi calls Ukraine’s president | Russia again comments on Black Sea grain pact

Grain and soy futures are expected to have a varied tone at the start of daytime trade.

Corn and soybeans posted mild corrective gains overnight, while wheat traded on both sides of unchanged.