Ahead of the Open
Corn, soybeans and wheat each saw selling pressure overnight, with soybeans leading the way lower. Price action is likely to be partially forced by positioning ahead of Friday’s USDA Grain Stocks report.
Wheat rebounds from one-week lows on pick-up in global demand, corn and soybeans also firmer.
Grain, soybean futures extend Monday’s declines following stronger than expected USDA crop ratings.
Corn, soybean, wheat futures expected lower as first grain shipment out of Ukraine boosts supply hopes.
Soybeans extend rally to four-week highs with Midwest heat expected to stress crops; corn, wheat also higher.
Soybean futures climb to two-week high, corn firmer, on hot Midwest forecast; wheat also higher.
Soybeans climb to two-week high overnight, corn firmer on Midwest heat concern; wheat mixed.
Corn, soybeans gap higher overnight, surge after larger than expected crop ratings drop; wheat stronger.
Grain futures expected higher on concern over Ukraine port attack, return of Midwest heat.
Corn falls to six-month low overnight on favorable Midwest forecast; soybeans rebound, wheat lower.
Corn, soybean futures drop to two-week lows overnight on Midwest rain outlook; wheat also lower.