Heartland Ag Edge
Heartland Ag Edge
Wheat Peaks Overnight, Soybeans Face Tax Impact
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Wheat Peaks Overnight, Soybeans Face Tax Impact

Early week saw corn and soybeans rally to weekly highs; wheat peaked overnight and retreated. Market under midweek pressure; soybean strength faded due to minor Brazilian tax impact.

There was an early rally this morning for corn and soybeans to new weekly highs, while wheat peaked overnight yesterday, nearly matched that level during the day, and then gave up its gains. It’s midweek, and with Monday’s holiday, today is essentially "Turnaround Tuesday" on a Wednesday. Early-week strength often fades midweek, with any potential rebou…

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