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Corn, soybeans and wheat again traded in relatively tight ranges during a quiet overnight session.
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Corn, soybeans and wheat each saw corrective buying overnight with soybeans leading the way higher. Corn and wheat continue to struggle garnering much bullish momentum despite both markets being oversold.
Corn, soybeans and wheat firmed amid mild corrective buying during overnight trade.
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The final CCI rating ahead of dormancy was equal to the five-year average for HRW and 14.8 points above average for SRW.
After the Bell | November 27, 2023
Weekly corn inspections missed the pre-report range and fell nearly 200,000 MT from the previous week, while wheat fell nearly 90,000 MT and soybeans nearly 190,000 MT.
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Corn, soybeans and wheat each saw corrective buying overnight though saw renewed selling pressure into the break.