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Conditions slightly worsening was not enough to bolster additional buying following yesterday’s explosion higher.
Crop conditions fall in corn, soybeans and spring wheat
After explosive trade yesterday, corn, soybeans and wheat traded lower overnight.
Wheat inspections in week ended July 20 were up 85,621 MT from the previous week and above the pre-report range. Soybean inspections rose notably from the previous week, while corn fell 100,000 MT.
Corn, soybeans and wheat were sharply higher overnight. Cattle futures were under moderate pressure with lean hog futures mixed...