Ahead of the Open
Corn, soybeans and wheat each saw losses overnight on light volume, though corn and beans each saw increased buying into the break.
Corn, soybeans and wheat are expected to open with a firmer tone on followthrough from overnight gains, along with supportive weekly export sales data and strength in crude oil.
Soybeans are expected to open weaker, with wheat firmer and corn near unchanged.
Grain and soybean futures are expected to trade higher amid corrective buying following Monday’s sharp losses.
Soybeans will lead grain and soy markets lower on pressure from beneficial rains across Argentina late last week and during the weekend.
Grain and soybean futures are expected to open with a mostly weaker tone this morning, though supportive export demand data could trigger buyer interest.
Corn, soybean and wheat futures are expected to face followthrough selling after a lower close on Wednesday and weakness overnight.
Corn and soybeans are expected to face profit-taking at the start of daytime trade, though supportive outside markets should limit selling.
Grain and soybean futures are called lower this morning after price pressure during overnight trade.
Soybeans faced light profit-taking pressure at the end of the overnight session, which is likely to spill over into the start of daytime trade.
Soybeans and corn are expected to be supported by Argentine crop concerns and outside markets.