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Corn and soybean futures built on Wednesday’s gains during the overnight session while wheat futures rebounded.
Fed officials signaled a cut to interest rates was still possible this year, despite the “no further progress” on inflation
Basis drops for corn and soybeans on the rollover to the July contracts.
Key differences with proposed House GOP farm bill
Corn and soy faced follow-through selling pressure overnight, while the winter wheat market was mixed, with SRW seeing buying interest tick up into the break.