Argy rains verify

Matt Huston

Corn and soybeans are moving lower overnight as weekend rains did show up in Argentina. We were trading back down from the WASDE rally last week and this gave the bears more confidence. We broke support in soybeans (15.10) & meal (468.40) and now corn is trading below 6.75 this morning. Bears are in control and will look to press this morning. Watch 6.65 & 14.85 for support to start the day. NFC Grain Comments Options -1.23.23 (2)

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