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The drought footprint continued to gradually recede but remained wide.

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.

Corn and soybean basis declines amid big jump in cash prices.

After the Bell | January 18, 2023

Overseas investors buy Chinese bonds, EU consumer inflation softens and beef packers look for softer cash prices...

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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.