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Secretary Vilsack shores-up GMO export approval with Mexico, California Governor looks to loosen supply chain snare and China signs agreement to import U.S. LNG...
China was the lead buyer of U.S. soybeans on the week at nearly 1.9 MMT.
Soybean led the price pullback overnight after recent, strong gains.
After the Bell | October 20, 2021 Signs of stronger exports send corn, soybean futures to two-week highs; HRW wheat posts highest close in over seven years.
Corn and soybean basis both slipped as harvest continues to progress faster than normal and yields are big.
The report is expected to show larger placements again for September.
Agriculture conditions were mixed and energy markets were little changed, on balance.
Heavy rains hamper harvest and wheat seedings in China, USDA Secy. Vilsack to visit Mexican counterpart and dairy exports to the U.K.
Ahead of the Open | October 20, 2021 Soybean futures higher for fifth straight session on export optimism, corn and wheat also up.
Vilsack expected to join workers on picket line