Soybeans return back to prices from one month ago. December 1, 2023
Corn attempted higher trade in the day session but that was rejected by the close. March just saw new long term downtrend lows on Wednesday. South American news remains mixed. Light crop losses for the small Brazilian 1st corn crop may be balanced by a positive Argentina situation ahead. Though US corn exports are great, it is not enough to change the large supply narrative.
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