First Thing Today
Grain and soy complex futures were pressured overnight by outside markets and concerns about demand.
Wheat futures built on Wednesday’s gains overnight amid global supply worries, while the corn and soybean markets followed to the upside.
Corn and soybean futures found followthrough buying overnight while wheat futures rebounded as markets were supported by the recent sharp pullback in the U.S. dollar.
Corn and wheat traded lower overnight on followthrough selling, while soybeans faced two-sided trade.
Grain and soy futures faced pressure from weak outside markets overnight.
Corn, soybean and wheat futures retreated from Thursday’s gains overnight amid renewed hopes for a Ukrainian grain export extension and pressure from outside markets.
Supportive outside markets helped fuel a corrective rebound in grain and soy futures overnight.
Soybean futures extended Tuesday’s losses overnight, while corn traded lower for a fourth straight day. Wheat futures rebounded from Tuesday’s losses.
Corn, soybean and wheat futures faced solid selling pressure overnight and are near their session lows this morning.
Wheat futures traded higher to open the week amid global supply concerns, while soybeans softened and corn was caught in the middle.