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After the Bell | July 27, 2023

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Grain and soy futures are expected to open mostly firmer this morning after favoring the upside in two-sided trade overnight.

USDA reported corn sales were up 33% on the week, while soybeans were up noticeably and up 73% from the four-week average. Weekly wheat sales rose 37% week-over-week, but were down 17% from the four-week average.

Corn, soybeans and wheat traded on both sides of unchanged overnight but have firmed early this morning.

Soybean basis is in line with the three-year average.

Big weekly jump in most cash grain prices.

After the Bell | July 26, 2023