Overnight Markets
Beans and wheat are firmer in the overnight eCBOT market Thursday morning, and corn slightly weaker.
At 8.30am BST beans were up around 16c, and wheat around 7c steadier. Corn was around 2c lower.
Crude was up around half a dollar, but still only slightly above 16-month lows set yesterday at $67.24/barrel.
Support is coming from the less than ideal harvest conditions in the Midwest and the possibility of a bounce in crude ahead of OPEC's meeting on Friday.
Early anaecdotal corn harvest reports are suggesting better than expected yields in many parts of the Midwest, which is bearish corn.
At 8.30am BST beans were up around 16c, and wheat around 7c steadier. Corn was around 2c lower.
Crude was up around half a dollar, but still only slightly above 16-month lows set yesterday at $67.24/barrel.
Support is coming from the less than ideal harvest conditions in the Midwest and the possibility of a bounce in crude ahead of OPEC's meeting on Friday.
Early anaecdotal corn harvest reports are suggesting better than expected yields in many parts of the Midwest, which is bearish corn.