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Soybeans and wheat faced followthrough selling overnight, while corn futures pivoted around unchanged in quiet trade.
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Corn, soybean and wheat basis remains below average.
Dec. 1 grain stocks have a history of providing market-moving surprises, especially for corn.
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Wheat led weakness overnight with corn and soybeans following to the downside.
Corn, soybeans and wheat traded on both sides of unchanged while holding in relatively tight ranges during a quiet overnight session.
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Imports will be slow at first, based on the need to implement and test new protocols.
Declines in attitudes toward current conditions outpaced thoughts about future expectations for agriculture.
Corn and soybeans favored the downside in overnight trade while wheat saw action on either side of unchanged.
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Corn and soybeans faced price pressure throughout the overnight session, while wheat rebounded from earlier weakness to trade mostly firmer.
Farmers National updates state of regional farmland markets
Wheat inspections rose 73,241 MT from the previous week to 412,342 MT for the week ended Jan. 2. Corn and soybean inspections each declined on the week.
Corn, soybeans and wheat are higher to open the week. Cattle futures are higher with lean hogs under pressure...