Soybeans see profit taking as corn ekes out firm finish

Soybeans see profit taking as corn ekes out firm finish

Soybeans were lower on profit taking and technical selling. Soybeans were watching U.S. harvest activity and planting in South America, with spillover pressure from the higher trade in the dollar. Crude oil was down early but rallied on signals OPEC and Russia will cut back production. On the domestic side of things, there are concerns about interior movement because of low river levels, with at least one section of the Mississippi River below St. Louis closed due to groundings and water restrictions.

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