Pro Farmer
Wheat inspections during the week ended April 24, were up notably on the week, topping anlysts’ pre-report expectations. Net corn and soybean sales each declined on the week but were as expected.
U.S. is seeking trade deals with other countries.
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Corn futures are leading strength at mid-morning.
Cash grains posted little price movement over the past week.
Corn, soybeans and wheat each favored the upside in overnight trade though saw an increase in selling pressure in the latter portion of the session.
Corn, soybeans and wheat boosted by followthrough buying overnight.
Trade talks with South Korea may be moving faster than expected.
Soybean futures broke out of the recent sideways consolidation range.