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Soybeans led weakness overnight, with corn and wheat following to the downside. Buying interest in wheat picked up into the break.
Corn, soybeans and wheat were pressured overnight by a stronger U.S. dollar and a lack of supportive news.
Stabenow’s lame-duck farm bill is lame; puts partisan politics before farm bill completion
Wheat futures led strength overnight with corn posting modest gains as well. Soybeans showed relative weakness.
Corn and wheat futures mildly extended Monday’s gains during overnight trade, while soybeans failed to find sustained followthrough buying.
HRW improvement was driven by gains in Kansas, Oklahoma and Texas.
Includes $24 billion for USDA and $40 billion for FEMA