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Soybeans, Corn Rebound on Stimulus Hopes

Trump said he would announce economic measures on Tuesday to bolster economy

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Chicago soybean and corn futures rose for the first time in four sessions on Tuesday on expectations of a coordinated global policy action to prevent further economic damage from the coronavirus outbreak.

According to a report at Successful Farming, wheat rose for a second session as short-covering supported the market.

President Trump said he would announce economic measures on Tuesday and would discuss a payroll tax cut with Congress to bolster the economy.