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Corn and soybean conditions improve and China’s trade data slumps...
Moody’s cut credit ratings on multiple small and mid-sized banks | Farm bill update
Grain and soy futures are expected to open lower amid generally favorable weather and bearish Chinese trade data.
Corn and soybeans faced followthrough selling overnight, while wheat futures pulled back from Monday’s gains.
The corn CCI rating is now less than 1% below year-ago, while soybeans and spring wheat are still notably under last year at this time.
