News
Wheat and soybeans saw corrective strength overnight while corn struggled to garner much bullish momentum.
Corn, soybeans and wheat traded on both sides of unchanged in light trade overnight.
Corn, soybean and SRW basis are all slightly better than average.
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Wheat continues to lead weakness with corn and soybeans following to the downside overnight.
Wheat futures faced followthrough selling during the overnight session, while corn and soybeans pivoted around unchanged in light, two-sided trade.
HRW crop is now rated above year-ago, while SRW is still below last year at this time.
Proponents and opponents making their views known
Weekly corn, soybean and wheat inspections continue to outpace year-ago.