As Argentina and Brazil will continue to experience dry and hot weather, it will not be conducive to the growth of corn and soybean crops in the region, which will support Chicago's corn and soybean prices to rebound slightly on the 10th. In the wheat market, due to the market's expectation of the expansion of the winter wheat planting area in the United States, the price of wheat on the day fell to a new low in two weeks.
On the same day, the most active March contract in the corn market closed at US$6.07 per bushel, up 12 cents from the previous trading day, or 2%. The March soybean contract rose 15.5 cents to close at $13.805 per bushel, up 1.1%.
On the same day, the most active March contract in the corn market closed at US$6.07 per bushel, up 12 cents from the previous trading day, or 2%. The March soybean contract rose 15.5 cents to close at $13.805 per bushel, up 1.1%.
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