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Corn saw relative strength overnight, building on yesterday’s strength. Soybeans and wheat favored the downside.
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Net soybean sales during the week ended March 13 totaled 352,600 MT, down 53% from the previous week and 29% from the four-week average, missing analysts’ pre-report expectations. Wheat sales marked net reductions, while corn sales were as expected.
Corn showing relative strength while soy and wheat are lower.
Corn, soybeans and wheat each chopped near unchanged on light volume overnight.
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Soybeans saw relative strength overnight while corn and wheat traded narrowly on either side of unchanged.
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