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Update on potential rail strike as Congress, White House get more involved

Grain, soybean futures lower as traders watch outside markets following selloff in U.S. equities.

Soybeans and wheat favored the upside is quiet, two-sided trade overnight, while corn faced light selling pressure.

Corn, soybeans end lower but still near two-month highs; hog futures near four-week high on ideas of cash rebound.

Striking a balance among rail industry stakeholders is proving difficult

Soybean futures extend rally following smaller USDA crop estimate; corn and wheat lower.

Soybean futures built on Monday’s strong gains overnight, while wheat rebounded from yesterday’s losses and corn favored the upside is light, two-sided trade.

CCI ratings have declined for nine straight weeks for corn and six consecutive weeks for soybeans.