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Corn, soybeans and wheat each made up a portion of Friday’s steep losses overnight, led by strength in the soybean complex.
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Corn, soybeans and wheat recouped a portion of last Friday’s sharp losses during the overnight session, led by double-digit gains in the soybean market.
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For the week ended Dec. 26, net corn sales were down 55% from the previous week, while soybean and wheat sales fell 51% and 77% from the previous week, each carving a new marketing-year low.
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Corn, soybeans and wheat each favored the downside in overnight trade, though buying interest perked up into the break.