Ahead of the Open
Grains saw relative strength overnight though saw a modest increase of selling pressure going into the break.
Corn led strength overnight, posting impressive gains this morning, while soybeans and wheat followed to the upside.
Corn, soybeans and wheat each traded lower in the overnight session but have since rebounded and traded higher into the break.
Wheat futures led strength overnight with corn following to the upside.
Soybeans led weakness overnight while corn and wheat struggled to hold onto early overnight strength.
Corn and soybeans opened higher overnight but struggled to hold onto gains, while wheat saw relative strength overnight.
Grains saw relative strength overnight as crop conditions for corn, spring wheat and winter wheat were all below expectations.
Soybeans saw relative strength overnight, wheat saw relative weakness and corn was caught in the middle.
Corn, soybeans and wheat each saw modest losses most of the overnight session though selling efforts accelerated in corn and beans following this morning’s posts from President Trump regarding EU tariffs.
Corn, soybeans and wheat each opened lower overnight but recouped most of the losses and are trading nearer session highs.