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Weekly corn sales during the week ended May 2, rose 17% from the previous week and 23% from the four-week average. Meanwhile, soybean sales increased 4% from the previous week and 21% from the four-week average.

Corn, soybeans and wheat rebounded from losses the two previous days during the overnight session.

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Big increases in cash corn, soybean and wheat prices.

Cash grain prices posted a big jump over the past week.

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Corn, soybeans and wheat each saw modest continued profit taking overnight with wheat leading to the downside.

Corn, soybean and wheat futures faced mild followthrough selling during the overnight session.