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Corn, soybeans and wheat each saw selling pressure overnight, negating a portion of the gains seen Tuesday in corn and beans.
Soybeans inspected for export during the week ended June 13 rose 100,000 MT from the previous week, while wheat inspections rose modestly. Meanwhile, corn inspections were notable, but fell 54,000 MT on the week.
Wheat and soybean futures are sharply lower to open the week, pulling corn prices mildly lower. Livestock futures are mostly higher...
Short-term trends turn bullish for cattle futures, bearish for wheat.
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Soybeans and wheat led overnight weakness, each marking fresh six-week lows. Corn saw selling pressure as well but held up better than the former two.
Soybeans and wheat posted sharp losses during the overnight session, while corn followed to the downside.
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