WHEAT – Up 1/2 to 1 cent per bushel.
Follow-through technical buying after Monday’s firm close. Wheat market
was oversold and due for a bounce but bullish momentum lacking amid
plentiful supplies.
CORN – Down 1 to 2 cents per bushel.
Forecasts for good U.S. corn planting weather this week weighs on
market countering some support from the lower-than-expected corn seeding
number from last week released by USDA late on Monday.
Forecasts for good U.S. corn planting weather this week weighs on
market countering some support from the lower-than-expected corn seeding
number from last week released by USDA late on Monday.
SOYBEANS – Down 1 to 2 cents per bushel.
Profit-taking and pressure from good soy harvest weather in South
America and outlooks for good early spring and summer crop weather in the
U.S.
Profit-taking and pressure from good soy harvest weather in South
America and outlooks for good early spring and summer crop weather in the
U.S.