Grains found modest support overnight trying to recover from the steep losses accumulated over the past three trade sessions. In outside markets, equities were lower as was crude oil and the US dollar.
Grains posted anemic gains in the overnight session.
Grains posted anemic gains overnight after yesterday’s sharp sell-off. Equity futures were up overnight and crude oil was hovering around unchanged waiting for fresh EIA inventory data later this morning.
Grains were lower overnight while the US Dollar hit its highest mark in 4 months. Crude oil recovered some of yesterday's losses while equity futures drifted towards negative territory to start the day.