Grain futures rebounded in recent trading after an overnight dip. Corn export inspections came in at 1.329 million metric tons, and soybean inspections were at 484,000 metric tons, with both within the range of expectations. The USDA also announced a fourth consecutive flash sale of corn to Mexico. The weekly crop progress report showed corn harvest at 11% complete in the US and soybean harvest at 9% complete. As the harvest continues, focus is shifting to South American production, with Brazil's soybean crop estimated to be 1% planted.
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