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Data wasn’t negative enough to have much market impact.
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Vilsack interview | Potential dockworkers’ strike at East and Gulf Coast ports | Bird flu | Food prices | Camper sales plunge
Corn, soybeans and wheat each saw corrective buying overnight, though selling pressure increased into the break.
USDA reported corn sales of 511,400 MT for the week ended June 13, the lowest since the week ended April 11, though exports totaled 1.48 MMT during the week. Meanwhile, wheat and soyoil sales each topped expectations.