Ahead of the Open
Soybeans are expected to lead price gains in the grain and soy markets this morning after a strong performance overnight.
Bears tightened their grip on the grain and soy markets overnight after a disappointing finish on Monday. Lower price action is expected this morning.
Corn and wheat are expected to open lower, with soybeans likely to trade higher initially this morning.
Grain and soy futures are expected to open firmer on corrective buying, though it has been a struggle to find sustained buying during daytime trade on bounce attempts this week.
Corn and soybeans failed to hold earlier corrective gains late in overnight trade and are expected to open lower this morning.
Soybeans are expected to trade higher on corrective buying. Corn and wheat are likely to face followthrough selling.
Grains are expected to open mixed following the extended holiday weekend as traders sort out South American weather, outside markets and China’s surging Covid cases.
Soybeans are expected to continue their recent price surge amid Argentine crop concerns.
Grain futures lower overnight amid concern over Covid surge in China; soybeans continue holding above $15.00.
Ahead of the Open Soybeans drive back above $15.00 overnight on weather concerns and China hopes. Corn weaker, wheat mixed.