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Wheat basis rebounds from the plunge the previous week, corn and soybean beans weakens.
Psaki suggests year-round E-15 is under consideration, IEA cuts World oil demand forecast and the Fed is expected to raise rates this week...
Russia and Ukraine: Signs of progress on discussions to stop the war
Wheat, corn futures expected lower on optimism for Russia-Ukraine peace talks; soybeans higher.
Wheat futures traded sharply lower overnight, which pulled the corn market lower. Soybeans, along with meal and soyoil traded higher.
Wheat futures rally sharply as Russia-Ukraine war stirs fears over global grain supplies; soybeans lower, corn mixed.