Grain futures turned lower overnight
Grain futures turned lower overnight
Grain futures had seen large swings in price today.
After six weeks of continual selling, grain futures have seen nothing but strength every day this week.
Big jump today in grain prices that get checked while wheat stalls.
We go over how Russia and weather have affected the grain markets over the weekend.
Grain prices had soybeans and corn tumbling to near their July 5 lows earlier in the session, while wheat futures try to follow the sharply higher European wheat values.
Lack of participation is creating sharp interest session moves in the grain trade.
Soybeans and corn tumbled 20-$0.30 this morning while wheat found value.
Big gains on wheat and soybeans today on exports and weather.
Russia has agreed to assign an agreement to let Ukrainian grain move next Friday.