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“Energy markets are weak this morning and the U.S. dollar higher, resulting in a minor headwind for corn prices to start the day. In addition, rains are moving across parts of the eastern belt this morning. Through the weekend, moisture chances will be highest in the southern Plains, Iowa and Minnesota,” Hightower Report said. Barchart.com said “Soybeans are trading with double digit 10 to 11 cent losses on Wednesday morning. They closed out the Tuesday session with contracts up 5 to 8 cents across the nearbys on Tuesday. Soy meal futures were up $1.20 to $5.20 per ton. Soy oil contracts were back down 2 to 55 points across most contracts at the close.” Barchart.com said “Wheat futures are posting mixed trade so far on Wednesday AM. They saw Turnaround Tuesday gains on the Tuesday session. Chicago SRW futures were up 10 to 11 cents in the front months. KC HRW saw nearby gains of 9 to 14 cents at the close. MPLS spring wheat was up 4 to 7 cents as the final bell rang on Tuesday.”





