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“U.S. crop concerns are supporting soybean prices, with the USDA’s good-to-excellent soybean rating falling to 60% from 61% a week earlier,” Total Farm Marketing said. “Markets are also looking ahead to a potential late-September meeting between Presidents Trump and Xi, which could have implications for agricultural trade.”
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Bloomberg said, “Extreme weather is trimming US harvests and boosting prices for farmers just as top commodities importer China is increasing …
“Concerns over yield potential were reinforced by Monday’s USDA Crop Progress report, which showed corn condition ratings falling 3 percentage…
Chicago wheat was the only market where trend and index following funds were still net short per the last CFTC data on Wednesday. The main dri…
“Prices were $.08-$.10 higher, closing near session highs in volatile 2-sided trade. Spreads were mixed. Sept-26 futures closed above $5 for t…
Prices surged from $.27 to the daily limit of $.45 in nearby CGO futures. Synthetically I had CGO Dec-26 trading $.01-$.02 above limit near to…
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