Ahead of the Open
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.
Corn and wheat traded in narrow ranges near unchanged most of the night, while soybeans showed modest weakness.
Wheat led strength overnight, with corn following modestly to the upside. Soybeans favored the downside and went into the break near session lows.
Corn, soybeans and wheat each traded in tight ranges overnight considering the recent volatility.