News
Corn, soybean and wheat futures are expected to face followthrough selling after a lower close on Wednesday and weakness overnight.
Corn, soybean and wheat futures showed mild followthrough selling during most of the overnight session, but price action has turned narrowly mixed early this morning.
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Corn and soybeans are expected to face profit-taking at the start of daytime trade, though supportive outside markets should limit selling.
Corn, soybean and wheat futures built on their strong finishes Tuesday during the overnight session.
Corn and soybean export inspections were well above the previous week, topping pre-report expectations by nearly 75,000 MT and 150,000 MT, respectively. Wheat inspections were near top-end estimates of 400,000 MT.