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Cash soybean prices decline sharply

Grains saw renewed selling pressure overnight, negating much of Tuesday’s rally in corn and soybeans, though wheat futures pared overnight losses into the break.

Corn, soybeans and wheat were unable to build on Tuesday’s corrective gains during overnight trade.

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The grain and soy markets saw corrective buying most of the overnight session, though sellers reemerged into the break, breaking prices near session lows.

Corn, soybeans and wheat recouped a portion of Monday’s losses during overnight trade.