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Soybean futures posted sharp losses overnight, while corn and wheat traded mildly lower.
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Corn, soybeans and wheat each favored the upside overnight, though corn and soy went into the break well off session highs.
Weekly wheat sales were reported at (109,600) MT for the week ended March 14, which were down noticeably from the previous week. Corn and soybean sales were as expected.
Soybeans posted followthrough buying to Wednesday’s strong gains during overnight trade, while corn and wheat mildly favored the upside.
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Soybeans led the way higher, wheat saw weakness and corn was caught in the middle overnight. Each traded contrary to yesterday’s price action.
Soybean futures reversed losses from the past two days during overnight trade, while corn and wheat faced price pressure.
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