Lack of sales in daily export reports opened the soybean markets to bears, causing the market to drop through $14.50 resistance. Another weekly decline in ethanol crushings moved corn lower and a continued downtrend in the market seems likely.
Tags: corn, Ethanol, exports, grain markets, grain tv, soybeans, wheat
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AgFax.Com covers agricultural trends and production topics, with an emphasis on news about cotton, rice, peanuts, corn, soybeans, wheat and tree crops, including almonds, pecans, walnuts and pistachios.
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