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Corn, soybeans and wheat saw followthrough buying overnight, though selling pressure increased into the break.
Weekly new-crop soybean sales topped pre-report expectations for the second straight week, while new-crop corn sales landed just above pre-report estimates.
Followthrough buying in corn, soybeans and SRW wheat overnight.
Our Market Watch table features monthly and quarterly price outlooks along with weekly prices for a variety of ag markets.
Corn and soybean basis drop along with cash prices.
Short-covering gains were featured across the grain and soy complexes despite minimal outside market support.
U.S. inflation falls below 3% for first time since early 2021
Price action was varied overnight as soybeans firmed on corrective buying, wheat continued to face selling pressure and corn traded narrowly near unchanged.