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ADM Investor Services said, “Prices range from steady to $.04 lower across the 3 classes. CGO July-26 is down $.03 at $5.84 ½. KC July-26 is $.04 lower at $6.26 ½ hovering near its 100-day MA. MIAX July-26 is unchanged at $6.18 ½.” Amanda Brill at Total Farm Marketing said, “Ukraine has warned that Russian attacks on the port of Odesa have threatened export collapse as a result of the serious damage. This could lead to a significant reduction in shipments, and more than 90% of the country’s key agricultural exports move through the 3 ports of the Odesa hub.”
