First Thing Today
Corn, soybean and wheat futures showed mild followthrough selling during most of the overnight session, but price action has turned narrowly mixed early this morning.
Corn, soybean and wheat futures built on their strong finishes Tuesday during the overnight session.
Grain markets traded solidly lower overnight, with wheat and soybeans leading price declines.
Corn, soybean and wheat futures extended Thursday’s USDA report-driven gains overnight but buyer interest is fading this morning.
Grain and soybean futures firmed overnight amid followthrough buying as traders awaited USDA’s January crop reports later this morning.
Corn and soybeans firmed after initially trading lower overnight, while wheat futures favored the downside in two-sided price action.
Heavier selling pressure was seen in grain and soy futures overnight, especially the soybean and winter wheat markets, after disappointing finishes on Monday.
Soybeans and wheat mildly favored the upside in quiet overnight trade, while corn traded on both sides of unchanged.
Corn, soybeans and wheat were supported by corrective buying overnight after heavy selling pressure earlier this week.
Corn, soybeans and wheat firmed overnight amid mild corrective buying following sharp losses the first two trading sessions of the new year.