Soybeans were higher on speculative buying and short covering. Weekly export sales were at the high end of estimates, shipments were solid, and the trade continues to watch hot, dry weather in some of the key growing areas of South America. Commodity markets are closed Monday following the New Year with open outcry resuming at the normal time Tuesday morning. Soybean meal and oil were higher on spillover from beans and the fundamental implications of a smaller South American crop.
Corn was
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