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Corn and soybean basis declined as harvest remained rapid.
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Wheat led strength overnight, with corn and beans recovering a portion of yesterday’s losses.
Wheat futures extended Tuesday’s gains overnight, while the corn and soybean markets rebounded from their losses.
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Soybeans led weakness overnight with corn and wheat following to the downside. The key will be if strength returns after the open, which has been the recent norm.
Soybeans faced heavy followthrough selling overnight, while corn and wheat pulled back from Monday’s gains.