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Corn and wheat posted mild corrective gains, while soybeans extended lower amid heavy selling in soyoil.
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Corn and wheat saw modest corrective strength overnight, while soybeans continued to face selling pressure.
Corn, soybean and wheat futures traded in relatively tight ranges overnight.
All three crops are rated well above year-ago at this time.
Broad-based selling was featured across the grain and soy complexes to begin the week as mostly favorable U.S. weather conditions bode well for production prospects.
Weekly corn inspections rose 193,000 MT from the previous week, while wheat inspections rose modestly. Soybean inspections declined on the week.
Corn, soybeans and wheat open the week under pressure