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Impact: Shortage of finished products or shipments of expected grain
Corn, soybeans and wheat each saw corrective buying most of the overnight session, though selling pressure increased into the break.
Soybeans led a round of corrective gains in grain and soy futures during the overnight session.
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Corn, soybeans and wheat each favored the downside overnight, with soybeans negating most of Monday’s surge.
Corn, soybeans and wheat traded higher at points overnight but have adopted a mostly weaker tone this morning.