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Corn futures mildly built on Monday’s gains overnight, while wheat recouped a small portion of yesterday’s losses and soybeans pulled back.
Soybean futures end higher on signs of improved export demand; wheat down sharply on outlook for strong Russia crop.
The details of the tentative agreement reached on Thursday morning have not been shared, and could still be voted down by members who need to ratify the agreement to settle the matter.
The quarterly survey conducted by the Federal Reserve Bank of Dallas finds strong gains in Texas ranch and cropland.
Kansas City Fed finds new highs posted in Central Plains farmland values.
The corn CCI rating has declined 10 straight weeks, while the soybean rating dropped for a seventh consecutive week.