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Wheat futures showed relative strength overnight despite weakness in the soy complex, while corn traded in a tight range.

Pork export sales for 2023 and 2024 were strong and weekly shipments were a high for the year.

Corn, soybeans and wheat traded in narrow ranges during the overnight session.

Fuel prices continue to drop.

Basis firmed for soybeans and is now positive.

The ag markets saw selling pressure across the board today aside from cattle, which rose on anticipation of firmer cash trade.

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The grain markets saw limited volatility overnight, with corn seeing slight buying into the break, soybeans seeing mild selling pressure and wheat facing profit taking from Tuesday’s rally.