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After the Bell | April 9, 2024
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Corn, soybeans and wheat each favored the downside overnight, though volume was light.
Corn, soybeans and wheat faced pressure during a lightly traded overnight session.
CCI ratings for both crops are above year-ago, especially for HRW.
Grains ended the day mixed as corn showed relative strength and wheat struggled to maintain overnight gains. Soybeans closed lower, soy products saw active spreading. Cotton saw profit-taking and livestock finished mixed
Corn inspections during the week ended April 4 were down 51,859 MT from the previous week but topped pre-report expectations. Wheat and soybean inspections also fell from the previous week but were as expected.
Wheat and soybean futures are higher with corn futures chopping around unchanged. Cattle future are firmer with lean hogs under moderate pressure...
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