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Wheat markets surge late on Tuesday

Planting conditions weighed on corn futures again Tuesday. U.S. corn plantings reportedly were 19% complete on Sunday, which matched industry expectations. However, forecasts for extended dryness and surging short-term progress appeared to depress CBOT prices, since the industry expects plantings to zoom ahead this week. Losses were reportedly limited by improved country bids as elevators tried to spur farmer sales. May corn futures closed up 0.25 cent at $3.61/bushel Tuesday afternoon, while December skidded 0.75 to $3.825.

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Demand strength boosts soybeans on Tuesday at midday

Planting conditions are still weighing on corn futures. U.S. corn plantings reportedly were 19% complete on Sunday, which matched industry expectations. However, forecasts for extended dryness and surging short-term progress appears to be weighing on prices, since the industry expects plantings to zoom ahead this week. However, prices bounced around midsession, which may have reflected improved country bids. May corn futures edged up 0.25 cent to $3.61/bushel late Tuesday morning, while December skidded 0.75 to $3.825.

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Nitrogen fingerprints point to warmer world

Scientists at the University of California, Davis, have developed a way to more accurately forecast nitrogen’s effects on the climate cycle.

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Topcon announces unmanned aerial system operating exemption

Topcon Positioning Systems announced it has received a national exemption from the Federal Aviation Administration (FAA) that allows for operation of its unmanned aerial system (UAS) in the United States. The exemption covers the operation of the Sirius Basic and Sirius Pro for aerial data collection.

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