First Thing Today
Grain trade was light overnight ahead of USDA’s March crop reports later this morning.
Corn futures built on Wednesday’s gains overnight, while soybeans and wheat also firmed amid corrective buying.
Wheat futures faced followthrough selling during the overnight session, while corn and soybeans held near unchanged in quiet trade.
Corn, soybean and wheat futures pulled back from Monday’s price gains during the overnight session.
Corn and soybeans traded higher amid corrective buying overnight, while the winter wheat markets favored the downside and spring wheat was mixed.
Soybean futures posted corrective gains overnight, while the corn and wheat markets favored the downside in light trade.
Corn and soybeans favored the downside and are near session lows this morning, while wheat is mostly weaker.
Corn and soybeans are trading near unchanged this morning after light two-sided trade overnight, while wheat futures have weakened.
Soybeans firmed amid followthrough buying overnight, while corn and wheat mildly favored the upside is light trade.
Corn, soybeans and wheat traded lower overnight, with nearby corn and soybeans falling to new contract lows.