Ahead of the Open
Corn and wheat futures are expected to open higher amid Black Sea supply concerns after Russia attacked a Ukrainian port on the Danube River. Soybeans are expected to open lower on forecasts for improved weather.
Grain and soy futures are expected to open with a varied tone today. Price direction will largely be determined by money flow to start the new month.
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.