News
Corn, soybeans and wheat briefly traded higher early in the overnight session but have weakened and are near their lows early this morning.
Corn, soybeans and wheat each favored the upside, with wheat leading the way higher following yesterday’s steep decline.
Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.
CCI ratings improved for both corn and soybeans in Illinois.
Corn inspections during the week ended Sept. 12 were down 318,180 MT from the previous week, while soybean inspections rose a modest 36,284 MT.
Wheat and corn futures are weaker with soybeans mildly higher. Cattle and hog futures are higher to start the week…
Market now sees 63% chance of half-point cut by Fed on Sept. 18
Wheat saw relative weakness overnight with corn and soybeans following modestly to the downside.
Wheat futures led overnight losses in the grain markets to open the week.