Corn & wheat erased overnight gains, but soybeans were solidly higher at midday on Monday.
Corn & beans were higher & SRW wheat was lower on Monday in volume-reduced, pre-holiday trade trading.
Corn settles mixed, & beans & wheat end lower as grains continue to consolidate recent gains.
Following recent gains, grains were hit with profit-taking on Wednesday with wheat the downside leader.
Follow-thru optimism over the US-China trade deal sent grains sharply higher on Monday.
Grains gave back much of their overnight gains on Friday after the US & China announced a Phase One trade deal. Late week reversal push prices steady/higher for week.
Grains rebounded on Thursday on renewed hopes for a US-China trade deal.
Grains are solidly lower on Wedenesday with corn the downside leader.
Grain markets were quiet ahead of the 11 am release of USDA supply-demand revisions with soybeans modestly higher, corn little changed & wheat down slightly lower.
Soybeans added to overnight gains, but corn & wheat continued to struggle on Monday morning.