Soybean futures rebounded as bean oil production declined, with the March contract rising 17.5 cents to 1,063.25. Traders are monitoring open interest ahead of the USDA report on the 11th. Corn futures remained supported by fundamentals, staying within a channel established in September while eyeing the 450 strike level. Wheat futures also gained as export sales improved 19% over the previous year, though rising global supplies may limit further rallies. Overall, the grain complex showed strength to start the first quarter of 2026 despite potential headwinds.
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