Ahead of the Open
Corn, soybeans and wheat started off the new month with a fresh round of selling in the overnight session.
Corn, soybeans and wheat each saw continued corrective gains overnight, with corn and wheat both supported near the break by export sales coming in above expectations.
Corn, soybeans and wheat each saw limited volatility overnight, mildly favoring the downside. Each are trading near their for-the-move lows.
Corn and soybeans continue to face persistent selling pressure while wheat futures turned lower as well despite early corrective gains overnight.
: Soybeans surged on corrective gains overnight, wheat traded higher though saw profit-taking into the break and corn futures saw continued selling pressure though maintained Friday’s reaction low.
Corn, soybeans and wheat trended higher overnight on corrective gains, going into the break near session highs.
Corn and wheat traded narrowly near unchanged most of the night, while soybeans favored the upside, though pared gains into the break.
Grains saw renewed selling pressure overnight, negating much of Tuesday’s rally in corn and soybeans, though wheat futures pared overnight losses into the break.
The grain and soy markets saw corrective buying most of the overnight session, though sellers reemerged into the break, breaking prices near session lows.
Grains favored the downside overnight as soybeans continue to lead the complex lower.
Corn and wheat favored the upside most of the night but saw renewed selling into the break, while soybeans saw steady selling pressure most of the overnight session.