Soybeans, corn and spring wheat pulled back from Thursday’s gains overnight, while winter wheat futures extended yesterday’s losses.
Soybeans led the overnight price rebound from Tuesday's losses.
Nearby soymeal futures are mildly firmer this morning but failed to push above Monday’s highs overnight.
The strength in soymeal failed to trigger overnight buying in soybean or corn futures.
Two-sided price action was seen in corn and wheat futures overnight, while soybeans were firmer for much of the session, but all three are weaker this morning.
Government offices are closed for the federal Veterans Day holiday. Markets are open.
Corn futures extended their gains but failed to clear yesterday’s highs. Wheat futures were mostly firmer overnight
Spring wheat futures led overnight gains in light trade ahead of USDA's November crop reports later this morning.
Grain and soy complex futures posted quiet, two-sided trade overnight as traders start to prepare for Tuesday's November crop reports from USDA.