Ahead of the Open
After showing relative weakness most of this week, wheat led strength overnight, challenging the psychological $6.00 mark.
Corn, soybeans and wheat continue to trend higher on the daily bar chart with corn and beans closing in on Monday’s highs.
Corn, soybeans and wheat surged higher overnight in a continuation of the ongoing uptrends.
Big swings in crude oil futures are dictating trade in the grain and soy complex.
The grain and oilseed surged higher early in the overnight session but have since fell well off session highs.
The grain and oilseed markets surged higher overnight with corn and beans hitting fresh for-the-move highs
Grains led a rebound overnight, impressive given continued strength in the U.S. dollar index.
Grains led weakness overnight with corn and wheat both falling under initial technical support.
Corn and soybean led strength overnight, making up all of Monday’s losses and pressing near recent for-the-move highs.
Corn, soybeans and wheat saw a volatile night of trade as the market digests the implications of U.S. involvement in Iran.