Corn Pushes To New Lows. Soybean Spike High Did Not Hold July 3, 2023
Pricing broke the prior spring low posted in May. The day's close was the lowest yet for this eight day downtrend. It was also a close under all those near the spring low. This market has effectively removed the prior four week uptrend. USDA's significant acreage surprise, better early-July weather and poor demand remain problems.
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