First Thing Today
Corn, soybeans and wheat traded lower overnight, with nearby corn and soybeans falling to new contract lows.
Plunging crop condition ratings and dryness concerns fueled strong gains in corn, soybean and spring wheat futures overnight. Winter wheat futures actively followed to the upside.
Corn, soybean and wheat futures traded higher early in the overnight session but faded and are lower this morning.
Corn, soybean and wheat futures built on Thursday’s strong gains during overnight trade amid heightened crop concerns.
Mounting weather concerns supported corn and soybean futures overnight, while wheat followed to the upside.
Corn and soybeans pulled back from their recent gains during overnight trade. Wheat was led lower by HRW contracts amid increased harvest activity.
Corn and soybeans were supported overnight by the bigger-than-expected declines in crop condition ratings, while wheat faced price pressure.
Corn futures posted double-digit gains overnight amid increased weather/crop concerns. Soybeans also traded higher, while wheat was narrowly mixed.
Price action was relatively quiet overnight as traders await USDA’s crop reports later this morning.
Corn faced mild followthrough selling overnight, while soybeans traded on both sides of unchanged and wheat firmed after earlier pressure.
Corn, soybeans and wheat posted two-sided trade overnight but are mostly firmer this morning.