Ahead of the Open
Soybeans are expected to open higher amid corrective buying, while corn and wheat could face mild followthrough selling after failing to sustain buyer interest overnight.
Grain and soy futures will face followthrough selling amid eroding technicals and no indication from export sales data that prices are ‘cheap enough.’
Grain and soy futures are expected to have a varied tone at the start of daytime trade.
Grain and soy futures are expected to favor the downside after failing to sustain corrective buying overnight.
Grain and soy futures posted two-sided trade overnight, suggesting a rather directionless start to the daytime session.
Corn and soybeans will face followthrough selling, while wheat will attempt to maintain modest corrective gains posted overnight.
Grain and soy futures will face active followthrough selling after losses overnight and disappointing weekly export sales.
Grain and soy futures will face pressure from corrective selling and negative outside markets.
Soybeans are expected to open higher on followthrough buying. Mixed trade is likely in corn and wheat.
Soy futures are expected to open firmer on support from an Argentine grain inspector strike at ports. Corn and SRW wheat are also expected to trade higher, while HRW and HRS wheat futures will likely face light selling.