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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.

Milei elected president of Argentina | Bayer woes continue | Dollar at 11-week low

Corn and soybeans reversed early overnight losses and into the break nearer session highs, as soybeans continue to lead strength. Wheat futures slipped, continuing last week’s weakness.

Soybean futures firmed despite a gap lower on the overnight open, corn futures have pivoted near unchanged while wheat continued recent weakness.

Rosalynn Carter dies at age 96 | Libertarian Milei set to win Argentina’s presidency

The report data was virtually inline with expectations, which should have little impact on prices Monday.

After the Bell | November 17, 2023

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Grain markets are expected to open weaker this morning after price pressure overnight.

Corn futures were unable to generate followthrough buying overnight after Thursday’s gains, while the soybean and wheat markets extended yesterday’s declines.