Ahead of the Open
Corn and soybeans reversed early overnight losses and into the break nearer session highs, as soybeans continue to lead strength. Wheat futures slipped, continuing last week’s weakness.
Soybeans continue to surge, trading at the highest level in nearly two months overnight. Corn traded in a tight range and went into the break steady, while wheat favored the downside.
Corn and wheat traded in a tight range overnight, though went into session highs following a surge higher after this morning’s NFP number. Soybeans saw continued strength overnight, trading a two-week high.
Soybeans showed relative strength overnight, though went into the break well off session highs. Corn and wheat both showed corrective gains early but have since fallen near session lows.
Corn traded in a tight range overnight and went into the break near session highs, beans favored the downside but bounced into the break, while wheat saw corrective gains.
Corn and soybeans traded on both sides of unchanged overnight and went into the break near Monday’s settlement, while wheat futures favored the downside.
Soybeans traded mostly higher overnight though sellers gained steam into the break, sending soybeans, corn and wheat into the break near session lows.
Soybeans surged overnight, leading corn slightly higher as well. Wheat saw action on both sides of unchanged but favored the downside into the break.
Corn saw followthrough buying overnight but saw some profit-taking into the break, soybeans faced mild corrective selling and wheat saw followthrough buying.
Corn traded on both sides of unchanged overnight, soybeans favored the upside but slipped into the break and wheat surged on the overnight open but has since faced corrective selling.
Corn, soybeans and wheat each favored the upside overnight, continuing to show relative strength. Soybeans will be further supported by this morning’s daily export announcement.