Ahead of the Open
Wheat futures are expected to open solidly higher, with corn and soybeans likely to be mixed with a firmer tone. Pre-report positioning will be featured this morning ahead of USDA’s May crop reports.
Corn, soybeans and wheat are expected to open lower this morning after losses overnight and disappointing export data, especially for soybeans.
Corn, soybeans and wheat are expected to open lower on followthrough selling, but all three markets finished well off their overnight lows.
Corn, soybean and winter wheat futures are expected to open solidly lower after selling pressure overnight.
Soybeans and wheat are expected to trade solidly higher after active followthrough buying overnight. Corn futures are called mixed, but should be helped by spillover from soybeans and wheat, along with outside markets.
Corn, soybean and wheat futures are expected to open higher amid corrective buying.
Grain and soy futures are expected to open weaker after failing to sustain Wednesday’s corrective gains overnight.
Wheat futures rebounded late in the overnight session, which should trigger followthrough corrective buying early this morning. Corn and soybeans are called lower.
Corn and wheat are expected to open under pressure, while soybeans are called mildly firmer this morning.