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According to data released yesterday, the U.S. agricultural trade deficit reached a record high for July 2025, with imports outpacing exports by $4.97 billion—an increase of about 9% compared to July of the previous year.
Corn, soybeans and wheat each favored the downside overnight though selling pressure was rather limited.
Unsettled weather in Midwest next couple of days
China’s purchases to ensure local availability before U.S. supplies dominate the global market...