Ahead of the Open
Soybeans continue to lead strength and pushed to fresh highs overnight.
Soybeans continue to lead strength, supported by prospects of China increasing 2025-26 purchases by another 8 MMT to 20 MMT.
Corn, beans and wheat each favored the downside overnight.
Impressive gains in soyoil led soybeans higher overnight.
Corn, soybeans and wheat each saw a continuation of Friday’s selling pressure during the overnight session.
Wheat continues to see relative strength and lead to the upside.
Wheat pressed to fresh highs overnight and continues to lead strength while corn and soybeans traded within Wednesday’s range.
Corn, soybeans and wheat surged higher overnight, negating most of this week’s losses.
Corn, soybeans and wheat each recovered some of Monday’s losses overnight.
Corn, soybeans and wheat each saw consolidation following the big move higher on Friday.