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Wheat futures led the way higher overnight, as soybeans and corn both saw spillover strength. The increase in export demand has encouraged buyers of each market.
Corn and soybean futures are mildly weaker to start the week with wheat mixed. Cattle futures are sharply lower with lean hogs mixed…
China buys 440,00 MT U.S. SRW wheat | USDA announces other daily export sales
Corn and soybeans favored the downside overnight, with soybeans leading the way lower. Both went into the break well off session lows. Wheat traded higher, continuing to show relative strength.
Short-term trend turns bearish for soymeal.
Corn and soybeans traded lower through the overnight session, while wheat firmed this morning after earlier losses
Friday: Employment & USDA reports | COP28 summit | Supplemental spending/border talks
After the Bell | December 1, 2023
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Sandra Day O’Connor dies at 93 | Vote to expel Rep. Santos | Record U.S. ag trade deficit
Corn, soybeans and wheat each saw selling pressure overnight and went into the break near session lows with soybeans leading the way lower.