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Wheat extends gains with soybeans, corn mixed

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Soybeans were narrowly mixed, mostly firm. Most forecasts have more rain in central and northern Brazil into next month, but there’s still a big deficit in some areas and planting remains slower than average. Conversely, large portions of southern Brazil continue to be excessively wet. CONAB’s updated outlook for Brazil is out December 7th, with new USDA supply, demand, and production numbers on December 8th. There’s a long way to go for South America, U.S.

Wheat extends gains with soybeans, corn mixed