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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.
Corn, soybeans and wheat each gapped lower on last night’s open as tariffs proved to be more restrictive than expected.
Weekly wheat sales during the week ended March 27 were more than triple the previous week’s figure, exceeding the pre-report range, while corn and soybean sales rose 13% and 21%, respectively.
Corn, soybeans and wheat followed the general marketplace lower in overnight trade.