First Thing Today
Wheat futures firmed overnight amid global supply concerns and rising tensions in the Black Sea region, while corn and soybeans built on Thursday’s gains.
Wheat futures led followthrough buying in the grain and soy markets during the overnight session.
Corn and soybean futures rebounded from Tuesday’s losses, while wheat showed followthrough price strength during the overnight session.
Soybean futures erased Monday’s strong gains during the overnight session, while corn mildly followed to the downside and wheat was choppy.
Soybeans posted corrective gains during overnight trade, while corn and wheat mildly favored the downside.
Corn, soybeans and wheat are mildly weaker this morning after two-sided trade earlier in the overnight session.
Corn, soybeans and wheat pulled back from recent corrective gains during the overnight session.
Wheat futures firmed amid followthrough buying overnight, while soybeans pulled back and corn was caught in the middle.
Soybeans are mildly firmer this morning after light, two-sided trade overnight, while corn and wheat are weaker.
Followthrough buying in soybeans and corn overnight, wheat pulls back.