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Corn, soybeans and wheat mildly favored the downside during quiet overnight trade.

Corn and soybean basis remains slightly below average.

Top stories for Dec. 11, 2024

Cattle futures led strength today while uncertainty was featured across the grain and soy complex.

Corn, soybeans and wheat posted strong gains at some point in today’s session, though each settled well off intraday highs.

Cattle futures surged higher today on reports of stronger cash cattle trade.

Corn, soybeans and wheat are each favoring the upside, though gains have been modest.

Corn and wheat posted modest gains overnight, trading in tight ranges. Soybeans favored the downside, though buying interest in all three increased into the break.

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Grains traded on both sides of unchanged overnight, though a modestly firmer tone has developed in the corn and wheat markets while soybeans have weakened.