Ahead of the Open
USDA reported daily sales of 330,000 MT of soybeans for delivery to China during the 2026-27 marketing year.
Profit-taking was seen across the grain and soy complex overnight, with technical support limiting the downside thus far.
Soybeans failed to move higher as soy oil saw heavy losses
Soybeans and wheat turned lower
Grains firmed as outside markets remained friendly
Corn and SRW also notched minor gains
Corn followed higher, while winter wheat classes were mixed
Soybeans followed higher, while wheat lagged
China continues to chip away at soybean purchases
Mild corrective pullbacks following yesterday’s gains