News
Corn, soybeans and wheat rebounded from losses the two previous days during the overnight session.
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Corn, soybeans and wheat each saw modest continued profit taking overnight with wheat leading to the downside.
Corn, soybean and wheat futures faced mild followthrough selling during the overnight session.
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Farmer sentiment was the weakest since June 2022 and current conditions fell to the lowest since May 2020.
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Corn, soybeans and wheat each pulled back from robust gains on Monday overnight, with wheat leading the way lower.
Corn, soybeans and wheat pulled back from Monday’s strong gains during the overnight session.
The HRW CCI rating increased for the first time this spring, while the SRW CCI rating declined for the first time.
USDA reported weekly soybean inspections of 349,000 MT for the week ended May 2, which rose 73,000 MT from the previous week. Corn, soybean and wheat inspections were each within pre-report ranges.
Soybean futures are working higher with wheat under pressure and corn futures mixed. Livestock futures are under moderate pressure to start the week...