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Business owners concerned over inflation, CCC funds proposed for $1 billion Climate-Smart Commodities program and Biden threatens to cut European pipeline...
Grain and soybean futures pulled back from Monday’s gains in corrective trade overnight on profit-taking and pressure from outside markets.
Vilsack, USDA provide some details of pilot projects using climate-smart practices
Soybean futures soar to eight-month high on exports, smaller South American crop; corn up sharply, wheat firmer.
All three within trade expectations.
USDA will update its 2021-22 U.S. demand forecasts in the Feb. 9 Supply & Demand Report, though a bigger focus will be changes to the South American crop forecasts.