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- Corn and wheat are off to a weak start overnight. Soybeans are trailing but still lower, overall the new crop corn-bean ratio has been rising and is now up to 2.48.
- The Russian’s are reporting a record production year for the Black Sea region at 9.8 million mts which may be part of the reason for that wheat weakness. The spring wheat tour is also reporting.
- Informa economics will have their estimate this morning around 10 .
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