First Thing Today
Soybeans faced pressure overnight after a poor close on Thursday, while wheat traded mostly lower and corn was narrowly mixed.
Soybean futures extended this week’s price gains overnight, while wheat traded lower and corn was mixed.
Corn and wheat futures rebounded from Tuesday’s losses overnight, while soybeans pulled back from yesterday’s gains.
Soybean futures posted corrective gains overnight, while wheat pulled back from Monday’s gains and corn held near unchanged.
Wheat futures traded solidly higher coming out of the extended holiday weekend, while corn favored the downside and soybeans traded mixed.
Corn and soybeans faced modest followthrough selling overnight, while wheat futures favored the upside in corrective trade.
Wheat futures led losses as grain and soy futures extended this week’s declines overnight.
Wheat futures were supported overnight by the bigger-than-expected decline in crop condition ratings, while corn and soybeans faced mild selling pressure.
Corn, soybeans and wheat posted active followthrough buying overnight on help from surging crude oil futures.
Price action was relatively quiet in the grain and soy markets overnight as traders await key USDA report data later this morning.