Overnight grains mixed
Overnight grains are mixed Thursday morning on the eCBOT market, with wheat around 3-4c steadier, corn 4-6c easier and soybeans 10-13c lower.
Wheat is buoyed by ideas that the recent price drop will be sufficient to stimulate foreign buying interest.
Egypt bought 292,500mt wheat yesterday, which included 120,00mt of US origin. Japan and Bangladesh are also in the market for tenders today.
Meanwhile beneficial rains in the Midwest are dragging corn and soybeans lower.
Wheat is buoyed by ideas that the recent price drop will be sufficient to stimulate foreign buying interest.
Egypt bought 292,500mt wheat yesterday, which included 120,00mt of US origin. Japan and Bangladesh are also in the market for tenders today.
Meanwhile beneficial rains in the Midwest are dragging corn and soybeans lower.
