Agriculture News
Corn and soybean basis firmed as cash prices dropped.
Corn, soybean and wheat futures traded in relatively tight ranges overnight.
All three crops are rated well above year-ago at this time.
Weekly corn inspections rose 193,000 MT from the previous week, while wheat inspections rose modestly. Soybean inspections declined on the week.
Corn, soybeans and wheat open the week under pressure
Short-term trends remain down for most grain and soy markets.
Corn, soybeans and wheat posted moderate to sharp losses during the overnight session.