Soybeans were lower Friday because of the Brazilian Rèal being lower in
relation to the U.S. Dollar, giving a price advantage to Brazil’s soybean
exports. The market fell despite weekly export sales being good at 1.66 million
metric tons of soybeans. President Trump signed bills supporting Hong Kong
human rights, which could add friction to trade talks.
Corn was higher because of slow harvest and another storm further slowing the harvest.
Weekly corn export sales improved this past week.
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