Despite some good export news, soybean markets have continued to sink lower as traders expect a large crop this fall.
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Expected big crops weigh on grain markets
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Despite some good export news, soybean markets have continued to sink lower as traders expect a large crop this fall.
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The peak risk management period is behind farmers with crops now in the ground, and while there are dry spots in places, condition rates are lofty.
The seasonals are turning more negative currently, according to Don Roose at U.S. Commodities.
News from the United States-China talks could be a “game changer,” said Don Roose at U.S. Commodities.
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