Latest News From First Thing Today

Wheat futures surged overnight amid news Russia is rethinking the Ukraine grain export deal. Corn and soybeans followed wheat to the upside.

Corn, soybean and wheat futures are trading near session lows this morning amid a varied price tone coming out of the extended holiday weekend.

Corn, soybeans and wheat bounced back from recent losses in a round of corrective buying overnight that was triggered by outside markets.

Corn and soybeans faced followthrough selling overnight while wheat retreated from Wednesday’s gains amid pressure from outside markets and building global recessionary concerns.

Corn, soybean and wheat futures built on Tuesday’s losses during overnight trade.

Corn and wheat futures pulled back from Monday’s gains overnight, while the soybean market faced followthrough selling.

Corn futures extended last week’s gains overnight, while soybeans and wheat traded lower.

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Illinois, western Iowa corn yield estimates down from last year, Crop Tour finds; Illinois pod counts better.

Crop Tour scouts report lower numbers for Indiana, Nebraska; Illinois, Iowa, Minnesota ahead today.

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First Thing Today | August 22, 2022 Soybean futures post corrective gains overnight as market awaits Pro Farmer Crop Tour reports.

Wheat futures were supported by mild corrective buying overnight, while corn and soybeans pulled back from yesterday’s gains.

Active followthrough selling weighed on wheat overnight, while corn and soybeans faded amid spillover pressure and favorable weather forecasts.

Corn, soybean and wheat futures extended yesterday’s losses overnight but all three markets held above Monday’s lows.

Soybeans led a round of heavy, broad-based selling across the grain and soy markets overnight amid favorable weather, along with heightened Chinese tensions and economic concerns.

After two-sided trade earlier overnight, a weaker tone has developed in the grain and soy markets this morning, led lower by wheat.

Two-sided trade was seen in a relatively quiet overnight session, but corn, soybeans and wheat are firmer and near their session highs this morning.

Corn, soybean and wheat futures were boosted by followthrough buying during overnight trade.

USDA’s cuts to crop condition ratings Monday afternoon fueled buying in grain and soy markets overnight.

Wheat futures led losses in the grain markets overnight, while corn and soybeans posted lesser declines.

After failing to find sustained followthrough from Thursday’s gains early in the overnight session, corn, soybean and wheat futures faded.

Two-sided trade was seen in the grain and soy markets overnight, with corn and soybeans mildly weaker and wheat favoring the upside this morning

Grains faced followthrough selling early in the overnight session, but markets are higher this morning amid corrective buying, led by wheat.

Soybeans fell below Monday’s lows overnight, while corn held that support and wheat pivoted around yesterday’s lows.

Corn and wheat futures were pressured overnight by news the first ship carrying Ukrainian grain left the port of Odesa.

Soybean futures sharply extended this week’s price surge overnight amid forecasts calling for hot and dry conditions in early August. Corn and wheat also posted strong gains.

Corn and soybean futures were supported by followthrough buying overnight amid forecasts calling for hot and dry conditions next week, while wheat rebounded from Wednesday’s losses.

Grain and soybean futures posted two-sided trade overnight but are higher and trading near session highs this morning.

Corn and soybean futures gapped higher overnight after USDA’s crop condition ratings dropped more than expected. Wheat futures followed to the upside.

Wheat futures faced heavy selling overnight, while corn extended this week’s sharp losses amid reports a deal to restart Ukrainian grain exports will be signed today.

Corn and soybean futures extended losses from the two previous days overnight. Wheat futures also weakened.

Wheat futures posted strong gains overnight, while soybeans faced followthrough selling, though they are well off their lows this morning. Corn was caught in the middle.

Corn futures more than wiped out Monday’s gains overnight, while soybeans and wheat gave back a portion of yesterday’s price strength.

Corn, soybeans and wheat all traded solidly higher overnight amid a round of corrective buying.

Modest corrective buying was seen in the corn, soybean and wheat markets overnight as traders continued to monitor weather and macroeconomics.

Overnight price action was two-sided and relatively quiet, though corn, soybeans and winter wheat all lower and near session lows this morning.

Two-sided trade was seen in the grain and soy markets overnight, with corn and wheat firmer this morning while soybeans is modestly weaker.

Corn, soybean and wheat futures faced heavy pressure overnight after initially trying to work to the upside.

Corn, soybean and wheat futures gapped sharply higher at the start of overnight trade. While prices remain sharply higher, futures are trading low range this morning.

Corn and wheat futures built on Thursday’s strong corrective gains during overnight trade. Soybeans traded higher initially but failed to sustain the firmer tone.

Corn, soybean and wheat futures traded sharply higher overnight as markets rebounded from recent hefty losses.

Corn futures traded lower for much of the overnight session but are mildly firmer this morning, while soybeans and wheat are showing stronger corrective gains following Tuesday’s sharp losses.

Grain markets didn't trade overnight and will resume trade at 8:30 a.m. CT. The U.S. dollar surged more than 1,000 points higher, making a new for-the-move high overnight.

Corn and wheat futures worked mildly higher overnight following Thursday’s sharp losses. Soybeans extended yesterday’s sharp loses.

Corn and wheat futures (aside from HRW) extended Wednesday’s losses overnight, while soybeans pulled back from recent gains.

The corn, soybean and winter wheat markets built on Tuesday’s strong gains overnight, while spring wheat firmed after small losses yesterday.

Corn and wheat futures posted strong gains on corrective buying overnight, while soybeans sharply extended Monday’s gains.

Corn futures traded lower throughout the overnight session, while soybeans and wheat rebounded from initial losses.

Grain futures rebound from sharp losses, big banks pass Fed stress tests, U.S. beef supplies up sharply.