News
Weekly corn sales in week ended Nov. 9 totaled 1.8 MMT, topping expectations by over 250,000 MT, while soybean sales totaled 3.9 MMT.
Corn, soybeans and wheat faced followthrough selling to Wednesday’s losses during the overnight session.
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Corn, soybeans and wheat each traded higher in early morning trade though saw profit taking into the break, sending each product nearer session lows.
Soybeans and soymeal led price gains overnight after high-range closes on Tuesday. Corn and wheat followed to the upside.