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As fertilizer prices and demand hold firm this fall, Josh Linville with Stone X Group warns prices could climb higher if reported government aid payments arrive this year.
Darin Newsom, senior market analyst with Barchart, Inc., says commodity wide selling is hitting the grain and livestock futures early Thursday and some of it is tied to uncertainty regarding the future of tariffs.
The grain rally continued on Wednesday as technical momentum remains firm following a shift in fundamental headlines over the last two weeks. Long liquidation in cattle continued with the Administration’s stance spooking Funds. Oliver Sloup brings you the latest insights on Markets on the Move.
January soybeans rallied $.13 on Wednesday as China dropped it 24% retaliatory tariffs imposed on U.S. ag goods March 4 for one year.
As crops go into bins, growers will be looking to maintain quality until their marketing opportunities improve. Some ongoing management practices are vital to the process.
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