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Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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USTR Tai travels to Japan, Philippines | Gold bugs | Brazil leader in Beijing | Retail sales
Grain and soy markets are expected to favor the downside this morning, though corn could find some support from daily export sales to China.
Soybeans faced pressure overnight after a poor close on Thursday, while wheat traded mostly lower and corn was narrowly mixed.
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Soybeans are expected to open higher, with wheat likely to face pressure. Corn will be caught in the middle but could pull support from daily export sales to China.