After the Bell
The grain and soy complexes marked short-covering gains to end the week, with support stemming from a plunging U.S. dollar.
Corn and soybeans edged lower, though modest short-covering in wheat pulled both from session lows.
December corn extended losses, ultimately forging a sub-$4.00 close for the first time since late 2020, despite notable outside market support, while soybeans and wheat ended the session modestly higher.
The grain and soy complex edged lower amid low volume trade and mostly favorable weather throughout the Midwest.
Corn and soybeans were able to rebound from intraday lows amid a wheat led charge.
Selling was featured across the grain and soy complexes to end the week, though corn and soybeans were able to notch modest weekly gains, while wheat futures marked contract lows.
Corn and soybean futures notched gains, while wheat consolidated lower amid lingering technical pressure.
Corn futures edged higher for the third straight session, though earlier gains across the grain and soy complexes faded as the U.S. dollar rose from its mid-morning low.
Technical headwinds and U.S. dollar strength weighed on wheat futures, which pulled corn and soybeans from intraday highs.