Grain markets stabilized during Tuesday's session following heavy pressure early in the week. May Corn futures settled unchanged at 454'0, while May Soybean futures rose to 1157'0. The November Soybean contract led the complex higher, gaining over 10 cents. Conversely, May Wheat futures faced pressure, settling lower at 589'6. Traders are monitoring geopolitical developments regarding trade discussions with China and preparing for the upcoming Prospective Plantings report. Seasonal volatility is expected to increase as U.S. producers finalize planting decisions and weather becomes a more prominent factor. Strong weekly export inspection data provided additional support, with Soybean inspections exceeding analyst expectations.
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