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G7 agrees to implement price cap for global purchases of Russian oil; Russia responds
Grain, soybean futures lower, tracking rebound in equity, oil markets ahead of holiday weekend.
Corn, soybeans and wheat bounced back from recent losses in a round of corrective buying overnight that was triggered by outside markets.
Soybean futures extend sell-off as China lockdown fuels recession concerns; corn, wheat also drop sharply.
Cash hog prices start their seasonal decline with sharp losses.
USDA updates farm income forecasts