First Thing Today
Soybeans extended Thursday’s gains in overnight trade, while the corn and wheat markets faced pressure.
Soy complex futures traded higher overnight, while wheat favored the upside and corn faded to a mixed tone this morning.
Soybeans modestly built on Tuesday’s gains overnight, while corn extended yesterday’s losses and wheat pulled back in overnight trade.
Grain and soy complex futures traded lower overnight amid corrective selling and pressure from outside markets.
Grain and soy futures opened the week with solid gains, led by sharp advances in soybeans.
Corn and soybeans posted two-sided trade in light overnight price action, while wheat faded.
Soybeans and wheat built on Wednesday’s gains during the overnight session, while corn rebounded from yesterday’s modest declines.
Corn and wheat futures were supported by followthrough buying overnight after strong gains on Tuesday, while the soybean market extended yesterday’s declines.
Corn, soybean and wheat futures recouped a portion of Monday’s sharp price losses during the overnight session.
Soybeans led overnight price declines amid improved weather in Argentina, while corn and wheat followed to the downside.