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Sharp weekly decline in cash grain prices.
Soybean basis turns negative for the first time this year.
After the Bell | September 13, 2023 Corn, soybeans and wheat ended the session higher on corrective buying efforts following Tuesday’s bearish reaction to USDA’s September crop data.
Despite the stronger consumer inflation data, Fed fund futures reflect increased odds the Fed will embark on an extended pause for interest rates.
France lowers wheat export forecast, USDA Secy Vilsack encourages biofuel production and the U.S. Dept of Labor eyes H-2A improvements...
Grains were mixed overnight, though all finished higher into the break. Wheat led the way higher amidst short covering.