Ahead of the Open
Grains pull back from contract highs in consolidative trade.
Corn and soybeans reversed Thursday’s losses and surged to fresh contract highs.
Corn and soybeans saw consolidative trade overnight while wheat surged to fresh highs.
USDA reported daily sales of 330,000 MT of soybeans for delivery to China during the 2026-27 marketing year.
Profit-taking was seen across the grain and soy complex overnight, with technical support limiting the downside thus far.
Soybeans failed to move higher as soy oil saw heavy losses
Soybeans and wheat turned lower
Grains firmed as outside markets remained friendly
Corn and SRW also notched minor gains
Corn followed higher, while winter wheat classes were mixed