Soybeans and corn retreat while wheat maintains yesterday's strong gains.
Grain Market Update: Soybeans and Corn Retreat, Wheat Holds Strong; Record Open Interest Boosts Market Activity; Managed Money's Strategic Moves and Market Dynamics Amidst Cattle Futures Volatility.
This morning’s grain trade has soybeans on retreat, with corn following, while wheat tries to maintain strength. Wednesday saw huge capital inflows in the grain market in open interest, which showed corn jumping 33,428 contracts to a new all-time record of 2,013,448. Soybean open interest was up 11,530 contracts, while wheat was off 4693 contracts despi…
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