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Metals rout continues overnight, crude bounce continues overnight, US ag futures slightly higher but quiet overnight, not much US/China tariff news overnight.
Beans run higher again overnight on continued Chinese import hopes but finish only slightly higher, corn and wheats slightly lower.
Beans higher overnight on dryish Brazilian rain forecasts the next 5-10 days along with in our minds highly questionable bullishness stemming from talks scheduled this week between Bessent and Chinese officials. Corn and US wheats shrugged off early firmness to finish slightly lower overnight.
Corn continues its CZ and CZ-CH rally, soybeans a nickel higher but an inside night. US wheats sit there overnight showing absolutely no interest so far in following corn higher. But the day is young.
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