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Grain and soy futures are expected to open moderately to sharply higher on weather concerns and Black Sea tensions.

A combination of weather concerns and increased geopolitical uncertainty in the Black Sea region supported corn, soybeans and wheat overnight.

After the Bell | August 17, 2023

The extended weather forecast from the National Weather Service calls for “equal chances” for normal, above-normal and below-normal rainfall across the central U.S. during September.

US to escalate USMCA dispute, India negotiates for Russian wheat and the EU investigates Indonesia’s biofuel import policy...

Biden admin. set to escalate claim Mexico corn trade policy violates USMCA

Soybeans are expected to modestly favor the upside, while corn and wheat are called lower this morning.