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Soybean Prices Tick Higher On Ho-Hum USDA Report


The latest batch of USDA reports published Friday proved a “ho-hummer” for the most part, though they sent prices for soybeans and wheat in different directions, says Jerry Gulke of the Gulke Group. Soybeans rallied up to 15 cents per bushel after the release of the Quarterly Grain Stocks and Small Grains reports, while spring wheat unexpectedly fell 21 cents.

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