Wheat posts gains on drought concerns, risk premium

Soybeans were lower on profit taking and technical selling. U.S. planting weather generally looks favorable, Brazil’s harvest is close to wrapping up with CONAB’s next round of numbers out on the 14th, and Argentina’s harvest is moving forward. The USDA says 6% of U.S. soybeans have been planted, compared to the five-year average of 2%. […]

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