Pro Farmer
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.
During the week ended April 17, wheat notched net reductions, falling noticeably from the previous week, while soybean sales declined 50% and corn sales down 26%.
China says there are no tariff negotiations with Washington
Corn rebounded from recent losses and wheat traded mostly lower overnight.
Corn basis remains well below average.
Trade agreements take a long time.
Uncertainty around trade policy was noted across all 12 districts, especially for agriculture.