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Corn, soybean and wheat futures are expected to face followthrough selling after a lower close on Wednesday and weakness overnight.

Corn, soybean and wheat futures showed mild followthrough selling during most of the overnight session, but price action has turned narrowly mixed early this morning.

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Corn and soybeans are expected to face profit-taking at the start of daytime trade, though supportive outside markets should limit selling.

Corn, soybean and wheat futures built on their strong finishes Tuesday during the overnight session.

After the Bell | January 17, 2023