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Corn, soybeans and wheat modestly extended Thursday’s corrective gains during the overnight session.
After the Bell | January 18, 2024
Corn, soybeans and wheat each saw limited volatility overnight, mildly favoring the downside. Each are trading near their for-the-move lows.
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Corn, soybeans and spring wheat contracts traded higher overnight amid light corrective buying, while the winter wheat markets favored the downside.
Cash corn and soybean prices continue to drop.
Basis turns slightly positive for corn and soybeans as cash prices continue to drop.
After the Bell | January 17, 2024
Corn and soybeans continue to face persistent selling pressure while wheat futures turned lower as well despite early corrective gains overnight.
Corn and soybeans favored the downside in two-sided trade overnight, while the winter wheat markets posted modest corrective gains.