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Corn, soybeans and wheat each saw persistent, heavy selling pressure overnight, negating much of last week’s gain across the three.
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Corn and wheat favored the downside overnight while soybeans showed relative strength.
Soybeans firmer, wheat mixed and corn firmer early this morning.
Basis for soybeans rolled to August, while it rolled to September for corn and wheat.
The livestock markets rebounded from Monday’s losses today. Corn and soybeans saw modest gains but closed off session highs. Wheat and cotton continue to face selling pressure.
Corn and soybeans saw modest gains though closed off session highs, while wheat and cotton favored the downside.