6:00 a.m. CME Globex:
July Corn 4 cents lower, July Soybeans 2 cents higher, and July Kansas City Wheat 11 cents lower.
CME Globex Recap:
Heavy selling was seen in wheat early in the overnight session, driving the market to sharp double-digit losses. Early Monday showed that most contracts had trimmed sell-offs by about half. Corn was also lower and near session lows. Old-crop soybeans showed some resiliency with the July contract posting a small rally, while the new-crop November was posting a minor loss. Outside commodities were mostly higher as the U.S. dollar index drifted lower.