# Futures head higher as selling dries up

> Grain futures moved higher overnight after selling pressure faded. Crude oil surged on U.S. efforts to get allies to stop importing Iranian oil, and the latest Vegetation Health Index maps showed excessive rain damaging some areas.

- Date: 2018-06-27 · published 2018-06-27T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/11639-futures-head-higher-as-selling-dries-up
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Higher crude lifts biofuel and input cost expectations and can draw fund money back into commodities, supporting grain prices in the near term.

## Read by commodity

- SOY: bullish ▲
- WTI: bullish ▲
- CORN: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/futures-head-higher-as-selling-dries-up

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.