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Cash corn prices rise and remain well above year-ago.
The Seasonal Drought Outlook calls for drought to develop or persist over the bulk of HRW wheat areas, while most of the Corn Belt will be drought-free.
Soybeans led overnight strength with corn following solidly to the upside. Wheat saw moderate strength.
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Corn, soybeans and wheat recouped some of Wednesday’s losses during the overnight session.
Products treated with hazardous pesticides banned in EU may be prohibited
Corn and soybean basis firmed despite higher cash prices.