Higher across the board overnight

Overnight- Corn, soybeans and wheat futures traded higher.

Not much news out there. The weather is non-threatening, and we did not see any flash sales down at these lower futures prices.

Are we starting to exhaust the sellers or are we just getting a small technical bounce?

All the bullish news is outside of our borders while we trade our domestic supply.

Brazil soybean premiums are firming as farmer selling has dried up as the Real has bounced back from recent lows.

Hot dry weather continues to affect the Black Sea corn crop.

Matif corn is trading over $5.50.

Bottomline

Will we hold the bounce for the rest of the session? Corn needs to finish above 4.16 for starters and soybeans 10.50. Look at next year’s pricing to start if you have not. December 25 is above 4.50 and November 25 is around 10.75. NFC Grain Comments Options -new (84)