Ahead of the Open
Wheat led strength overnight with corn following to the upside, while soybeans saw relative weakness.
Grain volatility was muted in the overnight session with prices relatively flat into the break.
Corn and soybeans both gapped higher overnight, but corn futures struggled to sustain gains. Beans remained strong throughout the overnight session while wheat futures gapped higher but have trended lower since.
Grain and soy futures are expected to open moderately to sharply higher on weather concerns and Black Sea tensions.
Soybeans are expected to modestly favor the upside, while corn and wheat are called lower this morning.
Grain and soy markets are expected to open modestly firmer amid corrective buying.
Corn, soybeans and wheat are expected to open lower this morning after overnight price pressure.
Soybeans are expected to open firmer, while corn and wheat are called lower.
Light price action is expected in the grain and soy markets this morning ahead of USDA’s August crop reports.
Grain and soy markets are expected to open with a firmer tone amid corrective buying.
Soybeans and corn are expected to trade higher, while wheat is likely to face slight price pressure.