Ahead of the Open
Corn pivoted near unchanged, soybeans led strength and winter wheat saw relative weakness overnight, though each saw an increase in buying pressure into the break.
Soybeans and wheat led overnight weakness, each marking fresh six-week lows. Corn saw selling pressure as well but held up better than the former two.
Corn, soybeans and wheat each favored the downside overnight, giving up a portion of Thursday’s gains.
Corn futures led strength overnight, pulling wheat higher. Soybeans pivoted near unchanged most of the overnight session, though showed strength into the break.
Wheat led weakness overnight, facing persistent selling pressure. Corn and soybeans traded higher, though continue to trade largely sideways ahead of today’s USDA reports.
Corn and wheat saw modest strength overnight while soybeans saw mild selling pressure. Wheat futures have closed lower for nine consecutive sessions, a break from that weakness could support corn and soy after the open.
Corn and soybeans rebounded from Friday’s losses overnight while wheat continues to face sharp selling pressure.
Wheat futures led weakness overnight, dragging corn and soybeans lower. Corn and beans remained within Thursday’s range overnight.
Corn, soybeans and wheat each posted corrective gains overnight, with corn leading the way higher. The open has brought selling pressure most of this week, a change of that trend will be key.
Soybeans posted modest corrective gains overnight while corn and wheat pivoted near unchanged. Sellers have commanded the opens thus far this week, a break from that trend will be key.
Corn, soybeans and wheat each saw sustained selling pressure overnight, with soybeans showing relative strength.