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Significant increase in dry conditions for Arkansas
Net sales reductions for old-crop corn and soybeans were rather disappointing today as traders and analysts alike are looking for old-crop exports to end the year strong.
While prices were mixed, most still remain above nearby futures.
USDA reported net soybean sales of 1.13 MMT for the week ended Aug. 7, with sales primarily to unknown destinations. Meanwhile, old-crop corn and soybean sales each carved marketing-year lows.
Profit taking in soybeans overnight; technical selling in corn, wheat
Prices lower as harvest progresses well