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Old crop U.S. corn and soybeans continue to see slow export demand near the end of the marketing year. The USDA says corn sales during the week ending June 22nd improved slightly from the previous week, but were lower than average, while soybeans fell sharply, both getting a lot of competition from Brazil. With just over two months remaining in the current marketing year for beans and corn, sales and shipments are behind last marketing year.
Written by: Leah Jones