China talks going well
Secretary Perdue had no new announcements about Chinese purchases of US ag products, but he did express optimism about the way the talks are going.
Corn futures felt the impact from sharply lower wheat on Monday, with most contracts down 3 to 4 3/4 cents.Corn opens up in CBOT $3.70 down 5 cents.
Wheat futures open with sharp losses, pressured by technical selling and weakening competitor prices. CBOT wheat opens up at $4.66 down down a whopping 20 cents.
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