First Thing Today
Followthrough buying in corn, soybeans and SRW wheat overnight.
Soybeans posted modest corrective gains overnight, while the corn and wheat markets faced light followthrough selling.
Corn and spring wheat futures were unable to build on Monday’s gains during the overnight session, while soybeans and wheat faced followthrough selling.
Grains traded lower overnight ahead of USDA’s August crop reports later this morning.
Corn, soybeans and wheat traded higher amid corrective buying during the overnight session.
Followthrough buying in wheat, corn and beans extend losses overnight.
Grains pressured overnight by generally favorable weather and strong risk aversion.