Soybean futures gain on EPA standards while Corn futures dip.

Virginia McGathey breaks down the latest moves in the grain markets. Soybean futures found support from the EPA increasing renewable fuel standards, keeping prices in a two-week sideways pattern. Meanwhile, Corn futures traded lower as a rising U.S. dollar and expectations of record USDA inventories weighed on prices, though they managed to bounce off key support levels. Wheat futures remained firm despite expectations of a five-year high in stocks, driven by forecasts of limited rain over hard red winter wheat areas. Market participants are closely monitoring tomorrow's USDA report for further direction.