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Grain and soybean futures traded both sides of unchanged overnight, with corn weaker while soybeans and wheat are firmer this morning.
There is an expected weakening of demand over the next six to 12 months.
Corn and soybean basis continues to weaken as early harvest begins.
Soybeans fall to three-week low on crude oil plunge, demand concerns; corn lower, SRW posts eight-week high.
The latest ENSO forecast model runs by the U.S. National Oceanic and Atmospheric Administration (NOAA) suggested that La Nina may last longer than previously suggested.
CHIPS Act limits U.S. tech footprint in China, Russia balks at Ukrainian export deal and China’s trade surplus drops to historic low...