News
Wheat led weakness overnight as July futures nearly tagged the contract low, while corn and soybeans followed to the downside.
Trend is now down for SRW wheat and soymeal.
Trump says ‘temporary pain is necessary to achieve greater economic health and independence.’
Conflicting remarks from U.S., China officials on trade talks despite signs of de-escalation.
U.S. is seeking trade deals with other countries.
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Cash grains posted little price movement over the past week.
Corn, soybeans and wheat each favored the upside in overnight trade though saw an increase in selling pressure in the latter portion of the session.
Corn, soybeans and wheat boosted by followthrough buying overnight.