Pro Farmer
Both cattle and hogs posted technical breakouts today despite fundamental weakness.
Corn, soybeans and wheat each rebounded from Tuesday’s selling pressure in the overnight session and went into the break near session highs.
Key trade talks with Japan ahead; Pakistan offers more soybean and cotton purchases.
Basis weakened for HRW wheat.
Japan has begun reviewing longstanding nontariff trade barriers in a bid to gain leverage ahead of negotiations.