Corn and soybeans bounce overnight

Corn and soybeans futures bounced back a little overnight after major selling took place in the grains yesterday. Corn lost 26, soybeans lost 9.5 cents and wheat was down limit 85 cents lower. Now early in the day session corn is up 22 cents and soybeans are up 26 cents. Major volatility right now with all that is going on in the world. Look for more to come. Export sales were great with 2.040 MMT of corn sold and 1.73 MMT of soybeans. Watch yesterday’s lows of 726 and1647 for major support if we even come close today.

NFC Grain Comments 3.17.22

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