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The average cash soybean price dropped sharply over the past week.

After the Bell | January 3, 2024

FOMC minutes | ERP | Oil prices drop | Panama Canal | Mo. farmland | Chevron and Calif.

Grain markets favored the downside overnight though went into the break near session highs.

Corn, soybeans and wheat faced mild followthrough selling overnight after heavy losses to open the new year on Tuesday.

After the Bell | January 2, 2024

Weekly corn inspections during week ended Dec. 28 were down over 650,000 MT from the previous week to 570,000 MT. Wheat and soybean inspections were also down 187,000 MT and 156,000 MT, respectively.