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After the Bell | November 3, 2021 Corn and wheat fall second day in corrective pullback, live cattle futures post two-month high.
As was widely expected, the Federal Reserve will begin dialing back its asset purchases by $15 billion per month, starting later in November.
Corn and wheat futures halted their corrective pullbacks from the two previous days overnight, but soybeans extended Wednesday’s declines.
Soybean basis firmed despite the rollover to the January contract, which is around 13 cents above November.
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Ahead of the Open | November 3, 2021 Grain, soybean futures seen slightly lower in profit-taking pullback from recent rallies.