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Oliver Sloup of Blue Line Futures says corn has consolidated the last two sessions after hitting chart resistance at $4.17 and may wait for combine results before taking out that level.
The Chinese government is continuing to instruct importers to avoid purchasing U.S. soybeans. Until that changes, soybean prices are likely to remain low.
Oliver Sloup joined Markets Now to break down today’s action—corn and soybeans remain sideways awaiting harvest data, while cattle push back toward record highs.
The Trump Administration outlined plans to implement a 50% tariff on products from India.
Randy Martinson with Martinson Ag says corn is drifting Tuesday with some consolidation after hitting chart resistance on Monday and with liquidation ahead of first notice day on Friday and the end of the month.
How one rancher is tackling hunger and reviving the local beef industry with a public-private partnership.
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