News
Corn and wheat futures are expected to open higher. Soybeans are called lower after mild weakness overnight.
Short-term trends turn bullish for cotton and live cattle; bearish for soymeal.
Corn and soybeans were supported by corrective buying overnight, while wheat faced followthrough selling.
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On the surface, the report data is neutral. But the underlying numbers are bullish.
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Corn, soybeans and wheat are called higher on corrective buying after recent heavy selling pressure.
Corn, soybean and wheat futures traded mildly higher on corrective buying during overnight trade.