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Corn, soybeans and wheat each saw corrective buying overnight with soybeans leading the way higher. Corn and wheat continue to struggle garnering much bullish momentum despite both markets being oversold.
Corn, soybeans and wheat firmed amid mild corrective buying during overnight trade.
Farm, biofuels coalition responds to Fifth Circuit RFS exemptions decision
The final CCI rating ahead of dormancy was equal to the five-year average for HRW and 14.8 points above average for SRW.
Weekly corn inspections missed the pre-report range and fell nearly 200,000 MT from the previous week, while wheat fell nearly 90,000 MT and soybeans nearly 190,000 MT.