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Big China buy of U.S. corn | Food price inflation continues | Smithfield CEO talks China
Argentine crop continues to suffer, Russia agrees to Black Sea export deal extension, but Ukraine wants more and PETA issues annual call for the White House not to use real eggs...
Grain and soy futures are expected to open lower after pressure during overnight trade. Corn could get a boost from daily export sales to China.
Corn and soybeans faced followthrough selling overnight, while the wheat market pulled back from Monday’s corrective gains.