Grain Commentary

Soybean futures are finding a mild technical recovery this morning with Nov beans scoring a double bottom yesterday before closing in the upper half of

Good Morning The soybean complex dominated overnight trade volume with beans at a 3+ month lows and meal in free-fall; “better-than-expected” seems to be the

The final quarter of the 2023 calendar year is beginning with grain and soybean markets under pressure, while crude oil trades near multi-year highs.  

Pre-report consolidation along with month and quarter end positioning gave us a mixed overnight session. Corn was 1-2 cents lower while soybeans were 1-2 cents

Liquidation of weak long positions weighed on overnight trade with corn 1-2 cents lower, soybeans down 8-10 cents, and wheat 1-2 cents lower. The US

Position squaring kept futures mixed overnight with corn 1-2 cents higher, soybeans up 6-8 cents, and wheat 1-2 cents lower. The US dollar, energies, and

Overnight trade was mixed as position squaring ahead of Friday’s reports started to increase. Corn futures were on both sides of unchanged while soybeans were

Futures are mixed to start the week with corn 1-2 cents lower, soybeans down 2-3 cents, and wheat 1-2 cents higher. The US dollar was

Consolidation gave us mixed overnight trade with corn steady to -1, soybeans 4-6 higher, and wheat up 1-2 cents. The US dollar, energies, and equities

Renewed concerns over the long-term picture of the US economy weighed on overnight trade. Corn futures were 2 to 3 cents lower, soybeans were down

futures firmed overnight with corn steady to +1, soybeans 1-2 cents higher, and wheat up 8-10 cents as technical support prevented additional selling. The US

Overnight trade remained weak with corn 2-4 cents lower, soybeans 3-5 cents lower, and wheat down 5-7 cents. The US dollar was lower, equities higher,