Grain Futures Fall as Traders Eye Black Sea Grain Deal, Growing Conditions
A confluence of market-moving factors, both manmade and natural, continue to influence grain futures on the Chicago Mercantile Exchange.
Wheat and corn futures saw significant downward pressure in overnight trading. May wheat futures declined by 9 ¾ cents to $6.99 a bushel. May corn futures shaved off 3 ¼ cents to $6.36 ½ a bushel and are down by nearly 7% on the year so far. Meanwhile, May soybeans lost 6 ½ cents to $15.12 ¼ a bushel...
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