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Soybean export sales were within the range of pre-report estimates.

Inflation and general economy issues dominate before Thanksgiving

Grain and soy markets are trading higher and high-range this morning, led by HRW wheat contracts.

Corn and soybean basis continue to firm.

Inflationary pressures for food are set to post a second straight year of increases in 2021 for overall food prices, restaurant and grocery prices that are above the 20-year average.

U.S. will release 50 million barrels of oil in a coordinated effort along with releases from strategic reserves by China, India, South Korea, Japan and Great Britain.

The SRW CCI rating is now below the five-year average for the first time this fall.

USDA showed a two-point decline in the top two categories.