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Basis declined for corn and soybeans over the past week but remained positive and above average.

After the Bell | January 4, 2023 Grains extended the previous session’s losses as Covid cases increase in China, pressuring global demand.

China lashes out over Covid restrictions from U.S., others | Xi wants closer ties with Brazil

WHO meets with Chinese scientists as a new COVID variant emerges in the U.S., French and German inflation softens and McCarthy fails to secure votes...

Soybeans are expected to trade higher on corrective buying. Corn and wheat are likely to face followthrough selling.

Soybeans were supported by corrective buying overnight, while corn and wheat faced followthrough selling.

After the Bell | January 3, 2023 A stronger U.S. dollar index, weaker crude and much-needed weekend rains in Argentina sent a general risk-off tone across grains and livestock to begin 2023.

Corn, wheat and soybean export inspections for week ended Dec. 29 fell notably below the previous week. Wheat and soybeans fell below expectations, while corn landed just above low range.