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Corn futures favored the downside overnight, while soybeans have firmed this morning and wheat is narrowly mixed.
Navarro, Rollins comment on tariffs | U.S. farmers brace for trade blows | U.S. interest rate projections differ widely | Equities crater
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Corn posted modest gains while much of the agricultural complex saw heavy selling.
Rollins: Could take “literally months” to determine whether ag compensation needed, but assures administration prepared to act if required
Grains showed some strength early in the overnight session but reports of China increasing tariffs on U.S. goods sent the grain and oilseed markets spiraling lower alongside most U.S. assets this morning.
Corn, soybeans and wheat see fresh wave of selling pressure following Beijing announcement.
Corn and beans remain volatile amid tariff announcements.
Corn managed to close higher in a sea of red following lower opens across the board.