First Thing Today
Wheat futures posted strong gains overnight coming off the extended holiday weekend amid ongoing Russian crop concerns. Corn followed to the upside, while soybeans slumped after a firmer start.
Grain markets were closed overnight and are set to open at 8:30 a.m. CT. Outside markets are mixed, with crude oil favoring the upside and the U.S. dollar index near unchanged.
Corn, soybeans and wheat modestly favored the upside, while holding in tight trading ranges during a quiet overnight session.
Corn, soybeans and wheat traded in narrow ranges during the overnight session.
Corn, soybean and wheat futures traded narrowly on either side of unchanged during quiet overnight price action.
Soybeans erased Monday’s gains during overnight trade, while corn and the winter wheat markets faced mild followthrough selling.
Corn modestly favored the downside overnight, while soybeans and wheat failed to sustain early price strength and have weakened this morning.
Corn, soybeans and wheat traded on both sides of unchanged in a quiet overnight session.
Corn and wheat futures posted mild corrective gains throughout the overnight, while soybeans traded on both sides of unchanged.
Corn, soybeans and wheat all traded solidly to the downside during overnight trade.
Soybean futures built on Monday’s gains during the overnight session, while corn and wheat firmed amid corrective buying.