Market Overview
Grain markets flipped the script today.
After wheat led the market higher yesterday, today’s session saw corn and soybeans post modest gains, while wheat fell sharply as disappointing export sales and a lack of new Black Sea developments weighed on prices.
Meanwhile, livestock markets faced heavy selling pressure as boxed beef weakened and traders grew increasingly concerned about slowing restaurant demand.
🌽 Corn
Corn futures posted slight gains after recent weakness, though buying remained cautious.
Traders continue watching weather and demand, but today’s move was more of a stabilization than a rally.
Corn Futures
December Corn
Up 1 cent
$4.61
September Corn
Up 1 cent
$4.37¾
🌱 Soybeans
Soybeans also traded modestly higher.
Support remains tied to weather concerns in portions of the Western Corn Belt,
