First Thing Today
Soybean futures traded higher overnight, while corn and SRW wheat failed to sustain earlier corrective buying.
Early corrective buying dried up overnight and grain/soy futures are trading lower and on session lows this morning.
Corn and soybeans posted mild corrective gains overnight, while wheat traded on both sides of unchanged.
Grain and soy markets worked higher on corrective buying earlier in the overnight session, but buyer interest is drying up this morning.
Wheat futures posted mild corrective overnight, while soybeans traded mixed and corn faced followthrough selling.
Corn and soybean futures extended this week’s losses during overnight trade, while wheat traded mostly firmer on mild corrective buying.
Corn, soybean and wheat futures extended recent losses overnight amid a lack of supportive news and elevated risk aversion.
Soybean futures are trading solidly higher, while corn is mostly firmer and wheat futures are mixed to open the week.
Soybeans faced pressure overnight after a poor close on Thursday, while wheat traded mostly lower and corn was narrowly mixed.
Soybean futures extended this week’s price gains overnight, while wheat traded lower and corn was mixed.