Soybean futures ended higher Wednesday because of extreme heat over western and northern growing areas. DTN forecasts call for cooler and hopefully wetter weather ahead of the weekend, with limited rain chances for the next 10 days for the Dakotas, Minnesota, and Iowa. With soil drying out across that area, it would be no surprise for the soybean crop condition to fade even more in the coming week. Also supporting the market, soybean oil recovered from Tuesday’s losses.

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