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USDA pegged the winter wheat crop at 1.047 billion bu., with new-crop ending stocks at 762 million bu. New-crop soybean and cotton ending stocks were also well below pre-report expectations at 310 million bu. and 3.90 million bales, respectively
Grains continue to lead strength, rebounding from last week’s losses.
USDA to offer its first estimate of new-crop balance sheets
Trump pulls back plans to ease beef import tariffs
