Grain futures are steady to lower after a choppy overnight session that has the market trying to hold on to momentum from Tuesday’s turnaround rally. A return to wet weather in the Midwest provides support, but also will create good conditions for field that are planted. Caution generally prevails as the trade waits for USDA’s monthly report on Thursday. Crude oil moved to another 3 ½-year high overnight after President Trump as expected pulled the U.S. out of the Iran nuclear deal.
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