West Central Ag Grain Comments 04/01/26 7:46:40 AM
4/01/26
Good morning. Wednesday ag trade to start the new month is seeing corrective action this morning, with all three of the row crop markets and bean oil lower by varying degrees and generally giving back the gains seen on Tuesday. Yesterday's price moves probably weren't entirely unwarranted or overdone based on report fundamentals, but that an end to the war in Iran is seemingly gaining traction and becoming more likely the last 24 hours has likely prompted some measure of premium extraction by the faster moving traders. Corn futures to start Wednesday are trading 4-6 cents lower, soybean futures are trading 7-9 cents lower, and the Chicago wheat market is trading 10-12 cents lower
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