Pro Farmer
Short-term corn trend turns bearish as most crop areas are plentifully wet.
Grains led weakness overnight while soybeans saw relative strength.
June is setting up as a critical month ahead of President Trump’s July 9 deadline for tariffs.
U.S. negotiators are meeting with China and India, while USDA’s June crop reports are scheduled for Thursday.
Trade teams from the two countries plan to meet at a neutral site in London.
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Corn futures’ spreads continue to see volatile trade as volume has picked up amid the roll this week.