Ahead of the Open
Grain and soy futures finished higher and high-range overnight as outside market pressure from Tuesday eased. Cattle and hogs also expected to open higher.
Followthrough pressure from heavy selling in grain and soy futures late in the overnight session amid renewed hopes of Russia/Ukraine peace talks. Livestock markets expected to open lower, too.
Grain and soy futures will face heavy pressure this morning. Cattle futures are also expected to trade lower, while hogs may see followthrough strength on the open.
Wheat futures seen higher, heading for weekly gain; soybeans lower, corn mixed as trade looks toward USDA acres.
Wheat futures seen extending profit-taking slide; corn, soybeans lower as weekly export sales drop sharply.
Ahead of the Open | March 23, 2022 Grain, soybean futures firmer overnight amid ongoing concern over Russia-Ukraine disruptions.
Wheat futures near two-week highs as Russia-Ukraine conflict disrupts grain supplies; soybeans, corn mostly higher.
Wheat futures expected sharply higher on Russia-Ukraine disruptions; corn and soybeans also higher.
Winter wheat futures on track for second weekly decline as trade monitors Russia-Ukraine; corn also lower, soybeans higher.
Winter wheat futures drop near two-week lows on hopes for Russia-Ukraine progress; corn and soybeans higher.