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Corn, soybeans and wheat traded both side of unchanged in light price action to kick off the last trading day of the year.
Grain, soybean futures seen lower as markets extend yesterday’s declines.
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Corn, soybean and wheat futures are trading near session lows this morning as markets extend Tuesday’s weaker (and low-range) closes.
A slow weakening of the La Nina weather pattern is expected in January, but its influence on South American weather will likely continue without much change into at least mid-January.
Soybean basis slipped again, but remains well above the three-year average.
Corn futures retreat from 6 1/2-month high as profit-taking weighs on grain markets, soybeans and wheat also lower.
Soybeans seen lower after rising to five-month high overnight, corn and wheat also lower.
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March soybean futures reached the highest level overnight since mid-July, as the strong rally was extended.