Ahead of the Open
Buying was seen across the grain markets overnight, follow-through buying after the break will be key in determining if buying is just a corrective bounce or if an interim low could be in place.
Corn and soybeans are expected to open with a weaker tone coming out of the holiday weekend, while wheat is likely to be mixed.
Grain and soy futures are expected to open with a firmer tone to start the new month after corrective gains overnight.
Corn is expected to open modestly higher on light corrective buying, while soybeans and wheat are likely to face price pressure.
Corn, soybeans and the winter wheat markets are expected to open higher amid light corrective buying.
Grain and soy futures are expected to open lower, with the exception of spring wheat.
Soybeans showed relative strength overnight and carried corn futures higher into the break. Wheat futures continue to fall under pressure.
Soybeans continue to show relative strength with steady gains overnight, and corn futures saw strength into the break as well. Wheat futures traded higher overnight but still maintain a tight trading range.
Grains fell under pressure into the break but soybeans continue to show relative strength.
Corn and wheat saw relatively quiet action overnight with corn going into the break at session highs. Soybean futures saw relative weakness, though saw some strength into the break.