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Corn, soybeans and wheat pivoted near unchanged most of the overnight session though surged higher into the break.
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All three categories virtually matched the average pre-report estimates.
After the Bell | January 19, 2024
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Corn, soybeans and wheat each saw continued corrective gains overnight, with corn and wheat both supported near the break by export sales coming in above expectations.
USDA reported weekly export sales of 1.25 MMT during the weekend ended Jan. 11, exceeding the top end pre-report range by 50,000 MT, while wheat sales exceeded expectations by 200,000 MT.
Corn, soybeans and wheat modestly extended Thursday’s corrective gains during the overnight session.
After the Bell | January 18, 2024