Ahead of the Open
Corn continues to see relative weakness and looks to challenge Wednesday’s for-the-move low.
Corn saw a continuation of yesterday’s strength, a close higher is necessary to confirm a near-term reversal
Corn, soybeans and wheat each slid to fresh for-the-move lows overnight, with selling efforts peaking into the break.
Corrective strength seen across grain and soy complex overnight.
December corn futures are trading lower for the fifth consecutive session.
China continues to add to hefty soy purchases.
Soybeans hit a fresh for-the-move low overnight before finding some corrective strength.
Markets are still reeling from the fresh data in Friday’s report.
Corn futures rise modestly off Friday’s reactionary low.