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Corn and soybean futures mildly extended Thursday’s corrective gains during overnight trade, while wheat pivoted around unchanged.
Sharp drop in weekly cash corn and soybean prices as harvest remains rapid.
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Soybeans continue to lead weakness, though corn and wheat also saw a resurgence of selling pressure overnight.
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Corn, soybeans and the winter wheat markets faced price pressure overnight, while spring wheat traded mildly higher.
Notable weekly declines in cash prices for corn, soybeans and wheat.
Soybeans led corn higher in corrective strength, while wheat continued to undergo selling pressure in the overnight session. Bulls will seek to build on strength following strong daily sales.
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Corn, soybean and spring wheat futures posted mild corrective gains overnight, while the winter wheat markets faced light followthrough selling.
Corn inspections during the week ended Oct. 10 totaled 430,323 MT, down 518,000 MT from the previous week and well below the pre-report range.
Soybeans continue to lead weakness, though corn, soybeans and wheat each saw followthrough selling pressure overnight.
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Corn, soybeans and wheat are under pressure to start the week. Cattle futures are choppy with lean hogs mixed…