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Soybeans, corn and wheat all closed higher in the latest settled session, with the grain board pointing to a broadly firmer tone rather than a single-crop story. The move matters because the big South American suppliers, especially Brazil and Argentina, remain central to world export flows.
China is still the demand anchor. The USDA expects China’s grain feed use to edge higher, while corn consumption remains above production, which keeps import demand and buying interest relevant for the market.
In South America, harvest size and pace are just as important as demand. Brazil’s soybean crop is projected near record levels, and Argentina’s crop is still large enough to keep the world supplied even when weather trims estimates.
