Soybean prices are leading grain prices higher this morning as the complex looks optimistically towards this weekend’s events at the G20 Summit in Argentina.
Grain prices this morning are slightly in the green as the bargain buying from yesterday seems to be following into today’s trading ahead of the G20 Summit in Argentina.
Wheat prices are the only thing in the green this morning for grain prices thanks to some follow-on buying from Friday’s buzz that U.S. wheat is getting more competitive.
Except for canola prices trading on the ICE futures board, grain markets in the U.S. are only open for a few hours today because of the U.S. Thanksgiving holiday.
Wheat prices are leading the grain complex lower this morning, albeit quietly as volume starts to die down today (and will likely stay soft ahead of the U.S. Thanksgiving holiday).
Grain prices this morning are mixed with soybeans and wheat values in the red, but oats futures are making double-digit gains after a positive finish last Friday.