Ahead of the Open
Grains saw followthrough buying from Tuesday’s lows overnight and went into the break higher, though recent volatility is likely to continue after the open.
Corn, soybean futures expected lower on outlook for rain, heat relief; wheat climbs to one-week highs.
Grain, soybean futures expected lower amid prospects for resumption of Ukraine exports.
Corn, soybean futures expected higher with hot week ahead for Midwest; wheat up from five-month lows.
Corn and wheat are expected to open firmer based on late strength overnight but buying may be limited given negative outside markets.
There was two-sided trade in grain and soy markets overnight, though outside markets have turned negative this morning.
Grain/soy futures expected to open daytime trade sharply lower on followthrough from heavy selling overnight and negative outside markets.
Followthrough from strong overnight gains in grain/soy futures. Cattle and hogs also expected to open higher. Outside markets could curb buying in grain/livestock markets.
Wheat futures climb to highs for week; corn, soybeans expected firmer on Midwest dryness.
Grain, soybean futures expected higher after surging overnight amid corrective buying.
Grain, soybean futures expected higher on corrective buying, weaker USDA crop ratings.