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Sinking cutout values and cheap chicken competition suggest market has yet to find a solid floor
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Soybeans saw corrective strength off key technical support overnight, while corn and wheat favored the downside.
Some South America weather concerns begin to emerge, while U.S. dollar poised to strengthen ahead of this week’s Fed meeting.
FX market participants bet big on a Bolsonaro victory, Lula’s surprise comeback sank the Brazilian real and dragged soybeans down with it.
USDA’s condition ratings of corn, soybeans, and cotton are final for the year
