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Weakness was seen across ag markets today despite the overall “risk-on” tone in the marketplace.

Grain and soy futures are expected to open lower, with the exception of spring wheat.

Corn, soybeans and winter wheat markets traded lower overnight, while spring wheat was mixed.

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Iowa and Nebraska led the CCI declines, while crops in Illinois improved.

Markets saw upside for the most part today, led by soybean strength. Wheat and cotton struggled to maintain spillover strength.

Soybeans showed relative strength overnight and carried corn futures higher into the break. Wheat futures continue to fall under pressure.

Short-term turns sideways for corn.

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