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Grain futures posted two-sided trade overnight, though markets are mostly weaker this morning.
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Corn and wheat favored the upside most of the night but saw renewed selling into the break, while soybeans saw steady selling pressure most of the overnight session.
Weekly corn, wheat and soybean sales each missed pre-report expectations for the week ended Dec. 28, while corn and soybean sales slid to a marketing-year low.
Corn and soybean futures mildly favored the downside in quiet, two-sided overnight trade, while wheat firmed.
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Grains traded in tight ranges overnight with corn, soybeans and wheat each favoring the downside.
Corn, soybeans and wheat traded in narrow ranges during a quiet overnight session.
The average cash soybean price dropped sharply over the past week.
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Grain markets favored the downside overnight though went into the break near session highs.
Corn, soybeans and wheat faced mild followthrough selling overnight after heavy losses to open the new year on Tuesday.