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OverviewAPI
CBOT grain and soybean futures fell after the U.S. Department of Agriculture's updated estimate of Brazil's soybean harvest fell slightly below expectations. Despite this, the current 2023/24 soy crop is still on track to surpass Brazil's previous record crop from 2022/23. U.S. export sales of soybeans, wheat, and corn to China contributed to the market's downward trend.

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