Grain futures climb amid selling and France buying
Grain futures rose on Tuesday after liquidations and new offers for delivery at Atlantic ports. France reportedly bought about 440,000 bushels of corn and some wheat while offering lower prices. July and September wheat plus September corn and May soybeans hit new seasonal highs as winter wheat conditions improve. Chicago cash grain notes show No 2 yellow corn at 1.41 and No 1 extra heavy oats at 0.88.
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New York Stocks Fall to March Lows After Election
The New York stock market dropped to its lowest level since late March after the election results. Major issues slid sharply with heavy selling by both big traders and small investors, while reports of strong corporate earnings and dividends failed to lift prices amid pessimism.
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