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Corn futures mildly extended Wednesday’s losses overnight, while soybeans erased gains from yesterday. Wheat was supported by light corrective buying.
Corn basis continued to firm seasonally but remains below the three-year average.
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Corn, soybeans and wheat each traded in relatively tight ranges overnight, as corn and wheat mildly favored the upside and soybeans posted modest losses.
Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.
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