Corn, soybeans lower after gains yesterday

8 months ago 102

“Corn is trading slightly lower to start the day following yesterday’s gains of over five cents,” Total Farm Marketing said. “December corn still trades above the $4 mark which is now support. Rains fell in the Corn Belt yesterday which may have added pressure.”

“Soybeans are trading lower this morning as selling pressure resumes following yesterday’s rally,” Total Farm Marketing said. “While export sales were good yesterday, China has still been absent as a buyer. Soybean meal is higher while bean oil is trading lower.”

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