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The jump in the Purdue University/CME Group Ag Economy Barometer was driven by the Future Expectations Index, which increased 37 points to 161, the highest reading since April 2021.
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Soybeans and wheat led corrective strength overnight while corn saw more modest gains.
Corn, soybeans and wheat firmed amid corrective buying during the overnight session.
Corn inspections during the week ended Nov. 28 led the decline, though were within trade expectations, along with soybean and wheat inspections.
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Grains open the week under pressure, while livestock markets are firmer.
Corn, soybeans and wheat each favored the downside in overnight trade with wheat leading the way lower.
Short-term trend turns bullish for live cattle futures.
Corn, soybeans and wheat mildly favored the downside during a relatively quiet overnight session to open the week.