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“Heavy rains reemerged across areas of the Northern Plains and northwest Corn Belt over the past 24 hours, renewing flooding concerns and logistical issues in transporting grains and ag. Products,” according to ADM Investor Services. “Heaviest precipitation leading up to the July 4th holiday are expected across the central Midwest and Great Lakes region. Much of Texas is expected to remain hot/dry through next week with daily highs in the upper 90s to 100+. Extended forecasts are suggesting a hotter/dryer trend developing across the Midwest by week 2 of July.”
