First Thing Today
Soybeans traded solidly higher overnight, while corn and wheat pivoted around unchanged in light trade.
Bears controlled price action overnight, with corn, soybean and wheat futures trading solidly lower and near their session lows this morning.
Light corrective buying has surfaced in some of the grain and soy futures early this morning after they faced pressure for much of overnight trade.
Bears controlled price action in the grain and soy markets overnight amid ongoing macroeconomic unease.
Corn, soybeans and wheat were supported by corrective buying and outside markets overnight.
Corn futures pivoted around unchanged in quiet overnight trade while soybeans were supported by corrective buying and wheat pulled back from gains earlier this week.
After trading higher earlier in the overnight session, corn, soybeans and wheat have turned mostly lower early this morning.
Corn and soybeans faced followthrough selling overnight, while the wheat market pulled back from Monday’s corrective gains.
Grain and soy futures favored the downside overnight as anxiety with the U.S. banking situation triggered general risk aversion.
Soybeans traded higher on corrective buying early in the overnight session but are weaker this morning, while corn and wheat pivoted around unchanged.
Corn and soybeans traded higher overnight, while the wheat market turned mixed this morning after corrective gains earlier in the session.