First Thing Today
Soybeans pulled back from recent strong gains amid corrective selling overnight, while corn and wheat also traded lower.
Corn, soybean and wheat futures faced solid selling pressure overnight and are near their session lows this morning.
Wheat futures traded higher to open the week amid global supply concerns, while soybeans softened and corn was caught in the middle.
Markets reversed their price trends from Thursday in overnight trade, as corn and wheat pulled back while soybeans firmed.
Soybean futures pulled back overnight from their strong gains Wednesday, while wheat traded mildly higher after yesterday’s losses. Corn posted two-sided trade.
Corn, soybean and wheat futures faced mild selling pressure in relatively light overnight trade ahead of USDA’s October crop reports later this morning.
Corn, soybeans and wheat pulled back from Monday’s gains amid corrective selling and weakness in the crude oil market.
Wheat futures led a price surge in the grain and soy markets overnight as escalating war concerns sparked supply concerns from the Black Sea region.
Corn, soybean and wheat futures regained a portion of Thursday’s losses amid corrective buying overnight.
Corn, soybean and winter wheat futures traded lower overnight as outside markets provided price pressure.
Corn and soybean futures pulled back from gains earlier this week, while wheat futures extended this week’s declines.