Corn futures find strength today while the wheat consolidates and soybeans retreat.

Soybeans rocket $0.30 higher today, leaving corn and soybeans in the dust.

Sharp price moves continue to the upside as the market eyes concerns with the Ukraine- Russian border, along with South American rains becoming disappointing.

First trading day after a three-day weekend we have a sharply higher wheat market in a sharply lower soybean market.

Grain futures have wheat and soybeans lower while the corn market finds technical buying interest along with concerns the corn crop is irreparable in South America.

Reminiscent of 2021, January-June in 2021, grain futures were always pummeled the day after crop report.

USDA crop reports put out a slew of price negative domestic data, but it was South American data that saved the day.

Wheat futures appear to have scored a technical bottom last week Friday, while corn and soybeans stabilize against new oncoming rains for South America.

A potential shot of rain over a week out for dry S Brazil and Argentina has corn and bean futures on retreat while wheat futures unwind against spreads.

Soybeans lead the grain recovery as they make new recovery highs from last fall's lows.