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With all three categories coming in on the bearish side of the average pre-report estimates, the report is price-negative.
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USDA Secretary Tom Vilsack appeared before the House Ag Committee Thursday for nearly four hours.
Soybean futures expected lower in correction from rally to seven-month highs, corn and wheat also lower.
Wheat and soybeans within expectations
Canada food prices, availability already being impacted by Covid vaccine mandate