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Corn faced followthrough selling overnight, while soybeans more than erased Thursday’s gains and the wheat market was mixed.
Mexico surpasses China as top source of goods imported by U.S. for first time in over two decades
Corn and wheat traded lower overnight, while soybeans firmed a little in quiet price action ahead of USDA’s February crop reports later this morning.
Basis turned slightly negative for corn and soybeans despite a big drop in cash prices.
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U.S. pork producers in price vice last seen in 1998 and 1999 | Farm bill going backwards
Corn futures fell to contract lows overnight, leading soybeans and wheat lower as well. Traders await Thursday’s USDA reports, which will give a fresh look into South American crop estimates and U.S. balance sheets.
Corn futures fell to contract lows overnight, while soybeans posted double-digit losses and wheat followed to the downside.
Cordonnier leaves South American crop estimates unchanged, China’s stock market responds to economic news and E.U. inflation expectations decline...