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Corn and Soybeans Higher as Rainfall Slows Harvesting

Corn and soybean futures on the CBOT are trading higher as continued rainfall slows the progress of farmers harvesting crops. Analyst Joe Davis of Futures International noted that rainfall associated with the remnants of Hurricane Polo is expected to affect a significant area.

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Corn and soybean futures on the CBOT were holding higher as rainfall continued to slow farmers harvesting crops grown this spring and summer, according to Joe Davis of Futures International in a note. Rainfall tied to the remnants of Hurricane Polo was expected to affect a...