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Drought covers 33% of winter wheat, 26% of corn, 21% of soybeans and 49% of spring wheat.
During the week ended April 17, wheat notched net reductions, falling noticeably from the previous week, while soybean sales declined 50% and corn sales down 26%.
China says there are no tariff negotiations with Washington
Corn rebounded from recent losses and wheat traded mostly lower overnight.
Corn basis remains well below average.
Trade agreements take a long time.