Ahead of the Open
Strong wheat gains led corn modestly higher overnight, while soybeans pivoted near unchanged. Price action will largely be dictated by the release of USDA reports at 11 a.m. CT.
Corn, soybeans and wheat each posted gains most of the overnight session though selling took corn and beans lower into the break, while wheat maintained gains.
Corn, soybeans and wheat each saw modest continued profit taking overnight with wheat leading to the downside.
Corn, soybeans and wheat each pulled back from robust gains on Monday overnight, with wheat leading the way lower.
Corn, soybeans and wheat each saw selling pressure overnight, though corn and soybeans went into the break nearer session highs.
Grain and soy futures are expected to open solidly higher this morning on followthrough buying.
Grain and soy futures are expected to open solidly higher on followthrough from overnight price strength.
Corn and soy faced follow-through selling pressure overnight, while the winter wheat market was mixed, with SRW seeing buying interest tick up into the break.
Wheat led weakness overnight though firmed into the break, soybeans eased from Monday’s gains and corn faced follow-through selling pressure.
Soybeans led strength overnight, corn traded in a narrow range overnight and wheat futures were widely mixed, with SRW leading to the downside and HRS leading to the upside.