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Grain TV is a daily recap after the market close, providing opinions on fundamental analysis of market direction, influences and expectations. This daily program is produced by Grain Hedge, a discount brokerage firm that provides farmers and elevators with agricultural intelligence including live market quotes, cash bid data, the Grain Hedge Optimizer™ and mobile trading platforms, all for $7 commission per side. Grain Hedge provides tools to allow farmers the ability to trade when the markets move without having to wait for a broker and the information to execute a marketing strategy with confidence.
Grains are picking up steam with corn, soybeans, and wheat all picking up double digit gains at the time of this post. Continued concerns over Chinese production, South American planting progress, and a reported sale of 25,000 metric tons of soybean oil to China for 12/13 have all been supporting the soy complex this morning. Not a lot of fundamentals drivers out this morning, due to Hurricane Sandy we have seen delays in both EIA Ethanol Numbers and the weekly Export Sales Report. Below is a table showing reports coming down the pipe this week.
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