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Corn, soybeans and wheat each traded lower in the overnight session but have since rebounded and traded higher into the break.
Wheat slumps amid improvement in crop conditions.
Corn, soybean and spring wheat CCIs all well below year-ago.
USDA initially rates the soybean crop 68% ‘good’ to ‘excellent,’ one point lower than expected.
Corn inspections during the week ended May 29 rose 157,000 MT, topping the pre-report range. Soybean inspections also rose on the week, while wheat inspections declined modestly.
Weather, trade and geopolitics a split focus as June begins.