Ahead of the Open
Soybeans led the way higher on optimism around Chinese imports of U.S. beans.
Corn and soybeans saw modest selling pressure overnight while wheat saw relative strength.
Corn, soybeans and wheat each traded in relatively tight ranges overnight, making up Monday’s losses.
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.