Grain volatility was muted in the overnight session with prices relatively flat into the break.
Grains saw mixed action overnight despite the overall risk on attitude of the market.
CCI ratings fall slightly on the week
Corn and soybeans both gapped higher overnight, but corn futures struggled to sustain gains. Beans remained strong throughout the overnight session while wheat futures gapped higher but have trended lower since.
Corn and soybeans saw strong overnight gains, though wheat faced modest losses.
Consolidation occurred for most of the overnight session in the grain markets.
Corn and wheat saw follow-through selling overnight despite a strong close yesterday. Soybean futures have traded on both sides of unchanged overnight.
Conditions slightly worsening was not enough to bolster additional buying following yesterday’s explosion higher.
Crop conditions fall in corn, soybeans and spring wheat
After explosive trade yesterday, corn, soybeans and wheat traded lower overnight.

Lane Akre