First Thing Today
Wheat futures erased most or all of Tuesday’s gains overnight, while corn and soybeans mildly favored the downside.
Soybean futures built on Monday’s gains overnight, while corn and wheat mildly rebounded from yesterday’s losses.
The first trading session of the new year started with a bang as soy futures led overnight gains in the grain and soy complex.
Corn, soybeans and wheat traded both side of unchanged in light price action to kick off the last trading day of the year.
Soybeans and corn are trading lower and near session lows this morning, while wheat futures are mostly weaker.
Corn, soybean and wheat futures are trading near session lows this morning as markets extend Tuesday’s weaker (and low-range) closes.
March soybean futures reached the highest level overnight since mid-July, as the strong rally was extended.
Corn, soybean and wheat futures extended their recent rallies overnight as traders returned from the extended Christmas holiday weekend.
Grain and soy futures posted light, two-sided trade overnight in thin pre-holiday price action.
Soybean futures extended Tuesday’s strong rally overnight, while old-crop corn futures finally topped the $6 level after nearly two months of trying to get above that psychological mark.