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The commodity complex was largely in the red early Wednesday morning, though rather than erasing Monday's explosive rally this is likely the calm before algorithms are triggered once again.
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In the Grains sector, both Corn and Soybeans were under pressure on what could be commercial harvest selling following the recent noncommercial-led rally in futures markets.
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Since SRW fundamentals continue to lean bearish, noncommercial interests have possibly moved back to a net-short futures position.