Agriculture News
Corn, soybeans and wheat faced followthorugh selling during the overnight session.
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Beans are expected to open mildly firmer, while corn and wheat will face price pressure.
Soybeans recouped some of Thursday’s losses during the overnight session, while corn and wheat faced followthrough selling.
Grain futures are expected to open lower, led by soybeans.
Corn sales during the week ended Sept. 26 exceeded pre-report estimates by nearly 700,000 MT, while wheat sales were also stronger than expected. Soybean sales were also solid at 1.44 MMT.
Corn, soybeans and the winter wheat markets favored the downside during overnight trade.
Soybean basis firmed despite an increase in cash price.