First Thing Today | Grain markets subdued awaiting next week’s tariffs and USDA reports

Good morning!

Quiet overnight grain trade... Grain markets traded on both sides of unchanged overnight, with corn and soybeans favoring the upside early this morning while wheat is weaker. As of 6:30 a.m. CT, corn futures are trading steady to a penny higher, soybeans are 1 to 2 cents higher and wheat futures are fractionally to a penny lower. The U.S. dollar index is modestly firmer and front-month crude oil futures are around 65 cents higher.