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Half of Fed districts report farm-sector weakness amid broader economic easing.
Traders’ focus is split between trade happenings, weather and geopolitics.
Soybeans basis also firmed over the past week.
The livestock markets led strength today while the grain and soy complexes followed to the upside.
Frustrations with China appear to be rising.
Corn led strength overnight, posting impressive gains this morning, while soybeans and wheat followed to the upside.