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Corn saw relative strength overnight, building on yesterday’s strength. Soybeans and wheat favored the downside.
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Net soybean sales during the week ended March 13 totaled 352,600 MT, down 53% from the previous week and 29% from the four-week average, missing analysts’ pre-report expectations. Wheat sales marked net reductions, while corn sales were as expected.
Corn showing relative strength while soy and wheat are lower.