First Thing Today
Soy complex futures strengthened overnight after initially trading lower, which supported corn. Wheat futures tried to rebound from Wednesday’s sharp losses, but buyer interest proved limited.
Selling in the wheat market overnight pulled corn lower, while soybeans were supported by strength in soymeal.
Corn, soybean and wheat futures are mildly weaker this morning as a quietly traded overnight session winds down.
Corn, soybean and wheat futures are trading near session lows this morning, led lower by spring wheat contracts.
Wheat futures faced followthrough selling at points overnight but are firmer and trading near session highs in a modest corrective rebound this morning. Corn mildly eased, while soybeans held in their choppy range.
Two-sided trade was seen in the grain and soy markets overnight, but futures are weaker and near session lows this morning.
Corn, soybean and wheat futures traded both sides of unchanged in narrow overnight ranges.
Corn, soybean and wheat futures opened firmer overnight, but are weaker and near their session lows this morning.
Corn, soybean and wheat futures saw a round of corrective buying overnight after Tuesday’s sharp losses.
First Thing Today: Followthrough pressure overnight amid heightened risk aversion, month-end selling
Grain and soy complex futures were part of a broader selloff overnight.