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Wheat futures rebounded from Friday’s losses during the overnight session, while corn and soybeans pulled back from their gains at the end of last week.
Soybeans and corn traded on either side of unchanged overnight, but are weaker early this morning, while wheat faced mild followthrough selling throughout the session.
Most of the Hogs & Pigs Report data was neutral, aside from hefty late-year market hog inventories.
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Soybeans and wheat followed saw a continuation of Wednesday’s strength overnight, while corn saw relative weakness.
Soybeans and wheat extended Wednesday’s gains during the overnight session, while corn struggled to find buyer interest.
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