Ahead of the Open
Grain and soy futures are expected to open sharply lower this morning after heavy selling pressure overnight.
All signs point toward a sharply lower open in grains this morning, though a series of daily soybean sales could somewhat limit buying in that market.
Grain and soy futures are expected to open mostly firmer this morning after favoring the upside in two-sided trade overnight.
Consolidation occurred for most of the overnight session in the grain markets.
Conditions slightly worsening was not enough to bolster additional buying following yesterday’s explosion higher.
Corn, soybeans and wheat traded sharply higher overnight that will likely continue into daytime, although some profit taking is likely.
Corn, soybeans and wheat faced selling pressure in the overnight sessions as optimism about the Black Sea deescalates geopolitical tensions.
Grain and soy futures are expected to open daytime trade with a firmer tone as traders focus on weather and geopolitics.
Grain and soy futures are expected to open sharply higher amid uncertainties with the Black Sea grain supply and weather concerns.
Grain and soy futures are expected to open solidly higher after price gains overnight.