Ahead of the Open
The grain and oilseed surged higher early in the overnight session but have since fell well off session highs.
The grain and oilseed markets surged higher overnight with corn and beans hitting fresh for-the-move highs
Grains led a rebound overnight, impressive given continued strength in the U.S. dollar index.
Grains led weakness overnight with corn and wheat both falling under initial technical support.
Corn and soybean led strength overnight, making up all of Monday’s losses and pressing near recent for-the-move highs.
Corn, soybeans and wheat saw a volatile night of trade as the market digests the implications of U.S. involvement in Iran.
Gains were seen across the grain and soy complex overnight with each surging to fresh for-the-move highs.
Corn and soybeans exhibited impressive strength overnight, led by beans which hit a fresh two-and-a-half month high
Wheat continues to see relative weakness, though prices continue to trade within last Friday’s range.
Corn, soybeans and wheat each traded in relatively tight ranges overnight following Monday’s big price swings.