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Corn, soybean and wheat futures traded narrowly on both sides of unchanged in a lightly traded overnight session.
USDA reported weekly export inspections for week ended March 2, which showed corn inspections notably above pre-report expectations, while wheat and soybean inspections each missed the low-end pre-report range.
Wheat futures are sharply lower with corn and soybeans also under price pressure to start the week. Livestock futures are choppy as buyers remain cautious...
Grain and soybean futures are expected to open under pressure, with wheat the downside price leader.
Short-term trend turns bearish for lean hog futures despite seasonally firming cash prices.