First Thing Today
Corn and wheat futures posted mild gains amid corrective buying overnight, while soybeans weakened following earlier strength.
Corn and wheat futures posted corrective gains overnight after Russia attacked a key Ukrainian port but have come well off their highs this morning. Soybeans initially traded higher but have weakened.
Corn, soybeans and wheat traded on both sides of unchanged while holding in relatively tight ranges during the overnight session.
Corn, soybeans and wheat faced heavy price pressure during the overnight session.
Corn, soybeans and SRW wheat extended Thursday’s losses overnight, while the HRW and HRS markets also weakened.
Corn, soybeans and wheat traded on both sides of unchanged overnight but have firmed early this morning.
Corn and wheat saw follow-through selling overnight despite a strong close yesterday. Soybean futures have traded on both sides of unchanged overnight.
After explosive trade yesterday, corn, soybeans and wheat traded lower overnight.
For the first time since the onset of the war, Moscow expanded their missile strikes to attack Danube River port infrastructure.
Following Russia’s threat of any ships heading to Ukrainian ports being regarded as military vessels, Ukraine released a similar warning for ships heading into Russian ports or Ukrainian areas occupied by Kremlin troops.
Corn, soybeans and wheat traded on both sides of unchanged during the overnight session.