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Corn and spring wheat futures were unable to build on Monday’s gains during the overnight session, while soybeans and wheat faced followthrough selling.
Corn, soybeans and wheat each saw sustained selling pressure overnight though saw a modest bounce into the break.
Grains traded lower overnight ahead of USDA’s August crop reports later this morning.
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Grain futures are expected to open firmer amid corrective buying.
Corn, soybeans and wheat traded higher amid corrective buying during the overnight session.
USDA will also issue its first cotton crop estimate and update wheat production.