News
Corn, soybean and wheat futures are expected to open with a firmer tone this morning as markets continue to recoup sharp losses from earlier this week.
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Soybeans are expected to open firmer on corrective buying. Corn and wheat are likely to be mixed.
Modest corrective buying was seen in the corn, soybean and winter wheat markets overnight following recent, sharp price losses.
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Soybeans are expected to lead losses in the grain and soy markets this morning in a continuation of price pressure from overnight trade.
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Soybeans faced followthrough selling overnight. Corn and wheat posted two-sided trade but have weakened early this morning.
Most of the decline in wheat conditions in February was in top producer Kansas.