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Corn, soybeans and wheat posted mild corrective gains overnight amid light short-covering ahead of USDA’s reports later this morning.
Corn, soybeans and wheat held in tight ranges during the overnight session that saw two-sided trade.
Cash cattle prices surge to a record high last week.
Impact: Shortage of finished products or shipments of expected grain
Corn, soybeans and wheat each saw corrective buying most of the overnight session, though selling pressure increased into the break.
Soybeans led a round of corrective gains in grain and soy futures during the overnight session.
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