In the grains quadrant, Corn futures saw a mixed session while Soybean futures faced downward pressure. Chicago Wheat futures managed to post slight gains, rising 2 cents to 585'2. Market participants digested the latest crop progress report, which showed 86% of the U.S. corn crop has emerged, with 67% rated good to excellent. Soybean conditions slightly disappointed, dropping to 65% good to excellent against analyst expectations for an improvement. On the export front, corn demand remains robust, highlighted by 1.9 million metric tons in weekly inspections and an additional flash sale of 120,000 metric tons to unknown destinations. Soybean and wheat inspections fell in line with broader market estimates.
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