First Thing Today
Corn, soybeans and wheat posted two-sided price action while holding in relatively tight trading ranges overnight.
Corn futures mildly built on Monday’s gains overnight, while wheat recouped a small portion of yesterday’s losses and soybeans pulled back.
Heavy pressure on the wheat market pulled corn lower overnight, while soybeans posted two-sided trade.
Corn, soybean and wheat futures extended price losses from earlier in the week duringovernight trade.
Corn and soybeans mildly rebounded overnight from losses the two previous days, while wheat pulled back from recent gains.
Soybeans and wheat favored the upside is quiet, two-sided trade overnight, while corn faced light selling pressure.
Soybean futures built on Monday’s strong gains overnight, while wheat rebounded from yesterday’s losses and corn favored the upside is light, two-sided trade.
Quiet, two-sided trade was seen overnight as traders awaited USDA’s reports later this morning.
Corn and wheat futures posted solid corrective gains overnight, while soybeans built on Thursday’s modest gains.
Grain and soybean futures traded both sides of unchanged overnight, with corn weaker while soybeans and wheat are firmer this morning.
Wheat futures surged overnight amid news Russia is rethinking the Ukraine grain export deal. Corn and soybeans followed wheat to the upside.