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In a letter and white paper sent to the White House yesterday, the American Soybean Association (ASA) detailed the financial risks of losing long-term access to China.
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Basis is better than average for SRW, but well below average for HRW.
Starting July 10, farmers who suffered eligible crop losses in 2023 and 2024 can apply for Supplemental Disaster Relief Program assistance.
Weather remains favorable, if not ideal, for crop development, while trade uncertainty also continues to hang over markets.
Corn and soybeans tried to work higher on corrective buying at points overnight but favorable weather and trade uncertainties kept buyer interest limited.