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Corn and soybean futures were supported by light corrective buying overnight, while wheat futures posted mixed trade.

All three crops remain rated well above year-ago at this time.

After the Bell | June 17, 2024

Soybeans inspected for export during the week ended June 13 rose 100,000 MT from the previous week, while wheat inspections rose modestly. Meanwhile, corn inspections were notable, but fell 54,000 MT on the week.

Wheat and soybean futures are sharply lower to open the week, pulling corn prices mildly lower. Livestock futures are mostly higher...

Short-term trends turn bullish for cattle futures, bearish for wheat.

Biden administration prepared to release more oil from Strategic Petroleum Reserve (SPR)

Soybeans and wheat led overnight weakness, each marking fresh six-week lows. Corn saw selling pressure as well but held up better than the former two.

Soybeans and wheat posted sharp losses during the overnight session, while corn followed to the downside.