Ahead of the Open
Grains are expected to open mixed following the extended holiday weekend as traders sort out South American weather, outside markets and China’s surging Covid cases.
Soybeans are expected to continue their recent price surge amid Argentine crop concerns.
Grain futures lower overnight amid concern over Covid surge in China; soybeans continue holding above $15.00.
Ahead of the Open Soybeans drive back above $15.00 overnight on weather concerns and China hopes. Corn weaker, wheat mixed.
Grain, livestock markets re-open following long holiday weekend as traders eye S. America weather.
Wheat firmer amid concern extreme Plains cold may damage crop; corn hits three-week high, soybeans firm.
Ahead of the Open | December 22, 2022 Winter wheat futures rise to three-week high amid Plains cold snap; corn, soybeans steady-weaker.
Soybeans reach one-week high, corn and wheat mostly firmer in subdued pre-holiday trading.
Corn, soybean futures mostly higher on corrective buying as trade watches weather; wheat mixed.
Soybean futures fall to lowest level in a week after weekend rains in South America; corn and wheat also lower.