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Speculation continues to swirl Trump’s Thursday night visit to Des Moines could result in news of purchase agreements for corn and beans with China or a delay in the July 9 deadline for increasing tariffs.
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Cattle futures shore up discounts to the cash market.
Corn and soybeans saw followthrough gains overnight, challenging the recent downtrends.
Corn, soybeans and the winter wheat markets extended Wednesday’s strong gains during overnight trade.
Corn and bean basis remains much weaker than average.