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Soybeans mixed as corn, wheat decline

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Soybeans were mixed. Soybeans were up and down all session, with more spotty rainfall in the forecast for dry parts of northern and central Brazil this week. Parts of southern Brazil have seen a break from rain, but significant replanting is still likely in some key growing areas. Some private firms are lowering their estimates for Brazil’s crop. CONAB’s updated outlook for Brazil is set for December 7th, with the USDA’s new supply, demand, and production report out the following day.

Soybeans mixed as corn, wheat decline