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Grain prices are in the green this morning, as the choppy rebound from Monday’s lows has been mostly been brought about by North American production uncertainty.
Ahead of Thursday’s Prospective Plantings report from the USDA, grain markets are mixed, being also cognizant of the heightened geopolitical risk.
Grain markets this morning are quietly mixed with oilseeds higher and wheat lower as the complex prepares for tomorrow's January WASDE, out at 12 noon eastern.
Grain markets are looking for new bullish factors as corn prices, soybean prices, and wheat prices are all in the red this morning. Is It South America? Soybean crush demand? US corn exports?
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