Analysis: Profit taking and weather concerns drag Soybeans, Corn, and Wheat lower

Analysis: Profit taking and weather concerns drag Soybeans, Corn, and Wheat lower

Invezz

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Soybean prices were lower due to profit taking and technical selling, compounded by a lack of follow-through buying after an initially strong start. Wet forecasts for key U.S. growing areas are delaying planting activities, leading to early discussions about some producers possibly switching to soybeans from corn, although no firm decisions have been made yet. […]

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