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Soybeans turned lower after rallying 60 cents in two sessions to start the week, wheat futures continue to bounce from near-contract lows and corn saw light trading on both sides of unchanged overnight.

After the Bell | November 21, 2023

Recent Brazilian rains have been hit-&-miss, U.S. treasuries rebound and the Dollar Index continues to fall...

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Corn, soybeans and wheat all favored the upside overnight, with beans continuing to lead the way higher.

Soybeans continued Monday’s rally overnight, corn is pressing into the upper end of the recent sideways range and wheat saw corrective buying off yesterday’s for-the-move low.

After the Bell | November 20, 2023

USDA’s Weekly export inspections data showed corn, soybean and wheat inspections within pre-report ranges, though soybean inspections are increasingly falling behind year-ago.

Corn and wheat futures are under light pressure with soybeans slightly higher to start the week. Cattle futures are mostly higher with lean hogs mixed.

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