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Wheat is lower on poor exports, China's cancellations of French wheat and Russia dumping wheat at below $200/metric ton on the world market. That has drug down corn but it also hit chart resistance despite good export news. Soybeans are seeing fund shortcovering and help from higher products. Cattle extend gains on strong demand. Crude oil has also move above $80 in nearby contracts. Darin Newsom, Barchart Senior Market Analyst, has more.
See omnystudio.com/listener for privacy information.
By Michelle RookWheat is lower on poor exports, China's cancellations of French wheat and Russia dumping wheat at below $200/metric ton on the world market. That has drug down corn but it also hit chart resistance despite good export news. Soybeans are seeing fund shortcovering and help from higher products. Cattle extend gains on strong demand. Crude oil has also move above $80 in nearby contracts. Darin Newsom, Barchart Senior Market Analyst, has more.
See omnystudio.com/listener for privacy information.

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