Grain markets opened the week with mixed performance as Soybean futures found strength while Corn and Wheat futures drifted lower. March Corn futures settled down 5.5 cents at 426'2, while March Chicago Wheat futures lost 11 cents to close at 537'6. Soybeans were the bright spot, with the March contract settling higher at 1134'0 and the new crop November contract rallying to 1117'4. Weekly export inspections showed strong demand for corn at 1.492 million metric tons, surpassing expectations. Additionally, the January NOPA crush report indicated 221.564 million bushels processed, beating analyst estimates, while soybean oil stocks rose to 1.9 billion pounds.
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