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Corn and soybeans favored the downside overnight while wheat traded modestly higher. All three saw light volume overnight.
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Wheat basis and cash prices firmed over the past week.
Corn, soybeans and wheat traded near unchanged most of the night, though buying pressure increased into the break.
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Corn, soybeans and wheat traded near unchanged most of the night.
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Corn, soybeans and wheat each saw losses overnight on light volume, though corn and beans each saw increased buying into the break.
Corn, soybeans and wheat each favored the downside overnight following Tuesday’s surge higher.
USDA showed weekly corn inspections of 1.082 MMT for week ended Dec. 21, topping the pre-report range by over 150,000 MT.
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Grain markets were closed overnight, though outside markets are supportive for a higher open this morning.
Grain markets were closed overnight and are set to open at 8:30 a.m. CT. Outside markets are mixed, with crude oil favoring the upside and the U.S. dollar index near unchanged.
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Traders expected a 0.5% decline in the Dec. 1 hog inventory.
Placements declined less than expected, while marketings fell more than anticipated.
The increase in beef stocks was about average during November.