Soybean futures edged higher today as concerns about crops in South America stoked worries over global supplies. Soybeans are down 1.5% for the week, the first weekly loss in five and the biggest seven-day slide in nearly two months. Corn futures down more than 1.5% for the week, the second straight weekly fall. Wheat futures down more than 1.5% for the week, the second straight weekly loss. Weekend storms are set to soak the U.S Plains wheat belt, much of which has endured dry conditions for several months.
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