Grain futures experience mixed trade amid shifting open interest.

Today's grain markets displayed mixed action, with Soybean futures trading lower following increased ending stock estimates from Friday's USDA report. Corn futures saw a modest recovery from Friday's heavy selling pressure, while Wheat futures experienced sideways, mixed trade near a one-month low amidst low holiday volume. Across the complex, implied volatility moved lower, with Soybean CVOL dropping to 15.8% and Wheat CVOL easing to 27%. Options activity highlighted the day's shifts, as soybeans saw a clear migration from calls to puts, while wheat contract open interest expanded notably on the call side.