Overnight grains
eCBOT grains are mixed, mostly lower, in overnight trade Tuesday morning on follow through momentum from last night's weak close.
Soybeans are posting the largest losses, down around 30c, adding to last night's limit down 70c move.
Corn, which also closed locked in limit down Monday night has also extended it's losses, currently around a further 5c lower. Wheat is in slightly positive territory this morning up around 2-3c.
Beans are at or near 10-month lows this morning in the continued fallout from the rejected rescue plan by US lawmakers.
Asian stocks tumbled overnight, putting them on course for the biggest monthly decline in more than a decade.
Crude oil had its largest fall in dollar terms in 17 years last night, and despite being steady in early morning trade, is now gathering more downwards momentum, currently $2.53 lower at $93.84/barrel.
Soybeans are posting the largest losses, down around 30c, adding to last night's limit down 70c move.
Corn, which also closed locked in limit down Monday night has also extended it's losses, currently around a further 5c lower. Wheat is in slightly positive territory this morning up around 2-3c.
Beans are at or near 10-month lows this morning in the continued fallout from the rejected rescue plan by US lawmakers.
Asian stocks tumbled overnight, putting them on course for the biggest monthly decline in more than a decade.
Crude oil had its largest fall in dollar terms in 17 years last night, and despite being steady in early morning trade, is now gathering more downwards momentum, currently $2.53 lower at $93.84/barrel.
