First Thing Today
Tuesday’s corrective buying in the grain and soy markets dried up overnight, as corn, soybeans and wheat faced price pressure.
Soybeans built on last Friday’s gains during overnight trade, while corn and wheat followed to the upside amid corrective buying.
Corn and soybeans posted corrective gains overnight, while wheat faced followthrough selling.
Corn, soybeans and wheat extended Wednesday’s losses during the overnight session.
Wheat futures led broad losses in the grain and soy complex during the overnight session as markets weakened amid technical selling and a lack of supportive news.
Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.
Corn and soybean futures firmed amid mild corrective buying overnight, while wheat traded lower.
Corn faced followthrough selling overnight, while soybeans more than erased Thursday’s gains and the wheat market was mixed.
Corn and wheat traded lower overnight, while soybeans firmed a little in quiet price action ahead of USDA’s February crop reports later this morning.
Corn futures fell to contract lows overnight, while soybeans posted double-digit losses and wheat followed to the downside.