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Corn, soybean and wheat futures were relatively quiet during the overnight session as traders await USDA’s October crop reports later this morning.
Basis firmed for both corn and soybeans over the past week.
Uncertainties included difficulties estimating the state of financial markets, potential oil price shocks and the impact of labor union strikes on the economy, among other factors.
After the Bell | October 11, 2023 Corn futures grabbed mild gains despite a general risk-off tone amid increasing geopolitical uncertainty.
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