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11/20/2025 Click Above to Watch the Morning Market Talk Video Market Jitters Ease for Now; Bullish News Needed On the Grains Soybeans and soyoil stabilized overnight after Wednesday’s sharp selloff. Corn also pivoted around unchanged, while wheat mildly rebounded. Some bullish news is needed to calm market jitters and fuel fresh buying in grain/soy markets. In a surprise to no one, China’s official trade data showed it imported no soybeans from the U.S. in October – the second straight month of no American arrivals. In the absence of U.S. soybeans, shipments from Brazil surged nearly 29% to 7.12 MMT, which accounted for three-quarters of all imports. Shipments from Argentina rose 15% to 1.57 MMT. USDA has confirmed 1.122 MMT of Chinese purchases of U.S. soybeans via daily sales announcements the past two days. Chinese buying of U.S. soybeans is expected to accelerate, but Brazilian supplies are cheaper than U.S. cargoes, making in economically unfeasible for commercial firms to buy American soybeans, despite the recent trade deal. There has been chatter of additional Chinese soybean buying… we’ll see if any more sales are confirmed by USDA around 8 a.m. CT. Markets Jittery Awaiting Key Biofuels Decisions The Trump administration is considering…

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