Soybeans were lower on fund and technical selling. Contracts posted gains overnight but couldn’t follow through, seeing continued pressure from Wednesday’s USDA numbers. Outside markets were solid and the weekly export sales and shipments were good but the trade was more focused on the bearish near term fundamentals and South American conditions. Soybean meal and oil were lower on spillover from beans.
Corn was lower on technical and fund selling. Corn also saw follow through connected to
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