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Short-term trends turn bearish for corn and soyoil.

No overnight grain trade. Grain and livestock markets will resume trading at 8:30 a.m. CT.

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Corn and soybeans traded lower most of the overnight session while wheat favored the upside, though saw profit taking into the break.

In week ended Dec. 21, weekly corn sales totaled 1.242 MMT, up 23% from the previous week, while exports of 1.278 MMT notched a marketing-year high.

Corn and soybeans favored the downside overnight while wheat traded modestly higher. All three saw light volume overnight.

After the Bell | December 28, 2023