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Corn and soybeans faced modest selling pressure overnight while wheat saw mild gains.
Cotton sales during the week ended July 11 totaled 27,200 RB, down 50% from the previous week and 74% from the four-week average, while old-crop corn sales were short of pre-report expectations.
Corn and beans lower, wheat mostly firmer overnight.
Corn and wheat posted modest short-covering gains at midweek, which stemmed from U.S. dollar weakness and a rally in crude oil futures. Soybeans ended mostly lower; seemingly caught in the crossfire of apparent spread trading in derivatives.
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Corn, soybeans and wheat each favored the upside in overnight trade, with buying efforts intensifying this morning.