Though May was a good month for corn and soybeans, year-ago prices remain lower.
Soybeans and corn both fell overnight after the dollar jumped in May.
Soybean futures rose in overnight trading on concerns about the Argentina crop while corn fell.
Money managers increase bets on rising corn prices while cutting net-long positions in soybeans.
Corn and soybean futures were mixed overnight as investors weigh slack demand against planting delays.
Soybean futures rose overnight on reports that production in Argentina will fall as much as 8 million tons and export will decline 25%.
Soybean futures rose overnight on the back of soymeal strength and signs of improving demand.
Soybean futures declined overnight as the pace of seeding accelerates.
Soybeans, corn and wheat futures were all lower overnight as the dollar again strengthened to the highest level since March.
Investors Raise Net-Longs in Corn, Lower Bets on Higher Soybean Prices