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Market Impact: 0.22

Corn, Soy Ease Ahead of WASDE as Traders Eye Relief From Heat

Commodities & Raw MaterialsCommodity FuturesEconomic DataFutures & Options

Corn and soybean futures were easing as traders weighed an improving US weather outlook. Price pressure comes ahead of Friday’s monthly WASDE supply/demand update, which could drive fresh direction for market balances.

Analysis

Corn and soybean futures were easing as traders weighed an improving US weather outlook. Price pressure comes ahead of Friday’s monthly WASDE supply/demand update, which could drive fresh direction for market balances.

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Market Sentiment

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mildly negative

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