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Corn, soybeans and wheat each rebounded from Tuesday’s selling pressure, with wheat leading the way higher overnight.
Corn, soybeans and wheat rebounded from Tuesday’s losses during the overnight session, led by gains in wheat.
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Corn futures showed relative strength overnight though saw increased selling into the break, while soybeans and wheat each traded lower most of the overnight session.
Corn futures extended recent gains overnight, while soybeans and wheat eased after earlier attempts at the upside.
The HRW crop improved despite a drop in the Kansas crop.
After the Bell | May 13, 2024
Soybean export inspections during the week ended May 9 reached 406,000 MT, above the expected pre-report range and up 48,000 MT from the previous week. Corn and wheat inspections were as expected.