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Corn, soybeans and wheat each surged higher in overnight trade with wheat leading the way higher.

Corn, soybeans and wheat built on Thursday’s gains during the overnight session and are trading near their session highs early this morning.

The spread of highly pathogenic avian influenza has led to significant losses in chicken flocks and caused an egg supply shortage.

Cash prices remain well above year-ago for corn, far below for soybeans.

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Corn futures led strength today across the grain and soy complex. Cattle futures bounced today, rebounding from recent weakness.

Corn and wheat led strength today while soybeans continue to see relative weakness.

Cattle futures bounced today while hogs pulled back from recent contract highs.

Market Snapshot