Ahead of the Open
Corn and wheat traded narrowly near unchanged most of the night, while soybeans favored the upside, though pared gains into the break.
Grain and soy futures are expected to open lower on followthrough selling and pressure from the U.S. dollar.
Light, two-sided trade is expected in the grain and soy markets this morning.
Grain and soy futures are expected to open with a weaker tone after price pressure overnight.
Soybeans and soymeal will start daytime trade sharply higher on support from Argentine crop concerns.
Two-sided directionless trade is expected in the grain and soy markets to start daytime trade, though outside markets are price-negative.
Corn and soybeans are expected to open mildly weaker, while wheat is likely to see a mixed tone.
We expect price pressure seen in corn, soybeans and winter wheat to carry over to the start of daytime trade.
Corn and wheat futures are expected to be mildly firmer, while soybeans are called slightly weaker. But we anticipate two-sided, directionless price action.
Corn and wheat are expected to open under mild pressure, while soybeans are likely to be mostly weaker this morning.
The firmer tone from overnight is expected to carry over to daytime trade.