Ahead of the Open
Sellers continue to ignore signs of surging demand as prices push lower, with corn, soy and wheat each trading near recent lows.
Soybeans continue to lead weakness while grains saw some consolidation overnight.
Corn, soybeans and wheat each favored the upside in overnight trade, but selling pressure toward the break pulled each off overnight highs.
Soybeans saw corrective strength off key technical support overnight, while corn and wheat favored the downside.
Soybeans lead weakness overnight with corn following lower.
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.