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Jones Act repeal pushed | Nippon Steel to acquire U.S. Steel | Drought slows Brazilian fertilizer demand | PARP
Corn, soybeans and wheat pivoted around unchanged most of the night, though wheat favored the downside into the break.
Corn, soybeans and wheat traded on both sides of unchanged in a quiet overnight session.
USDA finally details PARP payments… and caveats
Corn and wheat gapped higher overnight and showed continued strength, while soybeans traded on both sides of unchanged, though went into the break nearer session highs.
Large purchases from China during week ended Dec. 7 boosted wheat sales to 1.5 MMT during the week, a marketing-year high. China’s purchases totaled 1.12 MMT during the week.
Corn and wheat futures posted mild corrective gains throughout the overnight, while soybeans traded on both sides of unchanged.
