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Soybeans, corn, wheat all end session higher

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Soybeans were higher on short covering and technical buying, taking back Monday’s losses and then some. Contracts saw an oversold bounce, with help from a higher move in bean meal, in addition to the lower dollar and higher crude oil during the session. Brazil’s harvest is ongoing with favorable conditions, including a drier pattern in parts of northern Brazil, and Argentina should see some rain next week, but will be largely hot and dry until then.

Soybeans, corn, wheat all end session higher