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Soybeans favored the downside overnight while corn and wheat saw action on either side of unchanged, though saw increased selling pressure into the break.
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Corn, soybeans and wheat each traded in tight ranges overnight on light volume ahead of today’s USDA reports.
Corn, soybeans and wheat mildly favored the upside in a quiet overnight session ahead of USDA’s crop reports later this morning.
During the week ended Feb. 6, weekly wheat inspections rose 283,000 MT from the previous week. Meanwhile, corn and soybean inspections were both near the upper end of pre-report expectations.
Corn, soybeans and wheat are off to a higher start this morning. Cattle futures are narrowly mixed with lean hogs under pressure...