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Short covering spurred gains in the soy and wheat markets overnight, while corn rebounded from Monday’s weakness.

Treasury hack | U.S. aid to Ukraine | Bird flu indemnity rules for poultry farms | Contraction in U.S. mfg. | Energy prices surge

Traders covered more short positions in the soybean and wheat markets overnight, while corn rebounded from Monday’s losses.

FAPRI analysis

Evening Report

After the Bell

Crops Analysis

Livestock Analysis

Market Snapshot

Corn inspections during the week ended Dec. 26 led the decline, falling 268,000 MT from the previous week, while soybean and wheat inspections dropped 204,469 MT and 68,238 MT, respectively. However, net inspections were within pre-report estimates.