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Drought removal or no drought is expected over SRW wheat areas and the PNW.
Corn, soybeans and wheat each favored the downside overnight, with soybeans and wheat leading the way lower.
Corn sales during the week ended Jan. 9 totaled 1.02 MMT, while exports notched a marketing-year high. Wheat sales topped expectations by more than 100,000 MT.
Grain markets traded lower overnight, led by double-digit losses in soybeans.
Cash corn and soybean prices rose sharply over the past week.
More flexibility for corn, soybeans and sorghum
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Corn, soybeans and wheat each continue to consolidate near recent highs.