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Corn and soybeans extended Thursday’s corrective gains during the overnight session, while wheat bounced from recent losses.
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Soybeans saw corrective strength, corn languished near unchanged and wheat favored the downside in the overnight session.
For the week ended Dec. 12, corn sales rose 24% to 1.17 MMT from a week ago, while wheat and soybean sales jumped 58% and 21%, respectively.
SRW wheat futures fell to contract lows overnight, while HRW and HRS contracts held above their recent lows. Corn followed wheat to the downside, while soybeans posted mild corrective gains.
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