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Hang onto your hats! Record highs in silver and plunging crude oil futures have created a unique and rare phenomena that typically coincides with market distress.
The U.S. Climate Prediction Center forecasts the weather pattern to persist for the next month or two, which is ideal for soybean reproductive stages, but the transition might impact the tail-end of the region’s growing season.
Soybeans led weakness overnight and revisited this week’s lows.