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Corn, soybeans and wheat each pulled back from robust gains on Monday overnight, with wheat leading the way lower.
Corn, soybeans and wheat pulled back from Monday’s strong gains during the overnight session.
The HRW CCI rating increased for the first time this spring, while the SRW CCI rating declined for the first time.
USDA reported weekly soybean inspections of 349,000 MT for the week ended May 2, which rose 73,000 MT from the previous week. Corn, soybean and wheat inspections were each within pre-report ranges.
Soybean futures are working higher with wheat under pressure and corn futures mixed. Livestock futures are under moderate pressure to start the week...
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Corn, soybeans and wheat each saw selling pressure overnight, though corn and soybeans went into the break nearer session highs.
Corn, soybeans and wheat pulled back from the strong gains late last week during the overnight session, led lower by sharp losses in the wheat market.