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Wheat futures extend rally on signs of stepped-up exports, corn and soybeans also firmer.

The CBO has completed its review of the BBB package, Biden will meet with his Canadian and Mexican counterparts today and UAW workers reach agreement with Deere and Co.

Deere workers approved a new six-year contract | Tai gives signals of Biden trade policy

Weekly soyoil sales were strong and much higher than expected.

Big weekly jump in grain and soy prices.

Wheat futures led gains, pushing above yesterday’s highs, while corn and soybean futures did not clear Tuesday’s highs.

Soybean basis firmed 3 cents, while corn basis improved 5 1/4 cents.

Soybean futures surge to highest level since late September as exports pick up, wheat and corn also stronger.

October 2020 placements were unusually light and October 2021 had one less slaughter day than year-ago.