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Another down day for soybeans, wheat

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Soybeans were lower on fund and technical selling. Soybeans are watching the harvest and export paces for Brazil, in addition to conditions ahead of widespread U.S. planting. There are still some positives – the domestic cash basis is strong, supplies are tight, and unknown destinations bought 276,000 tons of old crop U.S. beans Wednesday morning. It remains to be seen who unknown is this time around. Normally, the assumption would be China, but with U.S.

Another down day for soybeans, wheat