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Corn traded narrowly near unchanged most of the overnight session before climbing higher into the break, soybeans favored the downside but firmed this morning, wheat saw relative weakness.
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Soybeans saw relative weakness while corn and wheat mostly traded near unchanged on low volume overnight.
Wheat futures firmed amid followthrough buying overnight, while soybeans pulled back and corn was caught in the middle.
Both crops remain rated well above year-ago and average for the beginning of September.
Weekly soybean inspections rose 77,000 MT from the previous week, just shy of topping the upper-end of analysts’ pre-report expectations.
Corn and soybeans open the week amid mild price strength as wheat futures soften mildly. Cattle futures are choppy with feeders and lean hogs mostly lower…
The sentiment index fell 11.5% from July and 13% from year-ago.
Soybeans saw strength overnight, trading steadily higher. Corn and wheat saw relative weakness though saw an increase in buying interest into the break.