Grain markets this morning are very quiet, despite more buzz about the trade war potentially ending, a new record for U.S. soybeans crush, and an update on the weather.
Except for soy oil and canola prices, grain prices are mostly in the green this morning as the complex looks to rebound from yesterday.
Grain markets are mostly in the green this morning, especially driven by optimism in soybeans that more sensible thoughts are prevailing in Beijing and Washington.
Grain prices this morning are mostly in the red as the market weighs weather risk and a slower planting pace against geopolitical tensions.
Wheat prices are leading the grain markets lower this morning on ideas of rains helping the US crop emerging.
Today’s WASDE isn’t expected to show many fireworks, but grain markets are mostly lower ahead of it.